The protection institution is responsible for 38% of the actuarial personal debt, with NIS 389 billion owed to occupation personnel.


The Point out of Israel’s motivation to folks with unfunded pensions has exceeded one particular trillion shekels, and stood at NIS 1,014 billion at the close of 2021, up NIS 90 billion in one yr. The figures are from the economical experiences for 2021 introduced these days by the Accountant General at the Ministry of Finance. The defense institution is dependable for 38% of the actuarial personal debt, with NIS 389 billion owed to occupation personnel.

29% of the unfunded pensions are for academics and lecturers, 18% for police and jail support personnel, and 14% for civil servants.

Unfunded pension preparations have not been supplied to new hires for the previous twenty decades, but practically 50 % individuals entitled to these types of pensions (43%) are nonetheless used by the condition.

Of the defense establishment pensioners, 25% receive month to month pensions down below NIS 8,814. 50% get more than NIS 12,838, with the optimum 25% getting more than NIS 17,707 month-to-month.

Released by Globes, Israel organization information – en.globes.co.il – on June 30, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.



Avigdor Liberman credit score: Israel Democracy Institute
