This market resolves to YES if the Indonesian parliament (DPR) formally passes the revision to Law No. 34/2004 on the Indonesian National Armed Forces (TNI) before going into recess on 21 March 2025. The revision includes extending retirement ages for military personnel and expanding the number of civilian institutions where active military personnel can hold positions.
The market resolves to NO if:
The vote doesn't occur before 21 March
The bill fails to pass if voted on
The bill is withdrawn from consideration
The bill passes but with substantively different provisions regarding military placement in civilian institutions
Resolution will be based on official announcements from the DPR and Indonesian government sources.
Sources:
The DPR passed the bill into law this morning