OJK Dissolves BASF Indonesia Pension Fund, Appoints Liquidators

The Financial Services Authority (OAST/OJK) has officially dissolved the BASF Indonesia Pension Fund. This dissolution was carried out upon the request of the pension fund’s founder and is effective retroactively from 31 July 2026.

This decision is stated in Announcement Number PENG-170/PD.02/2026 regarding the Dissolution of the BASF Indonesia Pension Fund, issued in Jakarta on 25 September 2026. The announcement refers to the Decision of the OJK Board of Commissioners Member Number KEP-84/D.05/2026, dated 23 September 2026.

The BASF Indonesia Pension Fund is located at DBS Bank Tower, 26th Floor, Ciputra World 1, Jl. Dr. Satrio Kav. 3-5, Kuningan, South Jakarta.

Two liquidators have been appointed through the same decision: Drs. Asiwardi Gandhi as Chairperson and Drs. Ganis Widio Ananto as a Member. Both are based at the same address as the BASF Indonesia Pension Fund.

OJK emphasised that the liquidators are tasked with conducting the liquidation process in accordance with the regulations concerning the dissolution and liquidation of pension funds.

OJK did not provide specific details regarding the reasons for the founder’s dissolution request, the number of participants, or the total asset value of the pension fund to be liquidated.