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


The Condition of Israel’s dedication to persons with unfunded pensions has exceeded just one trillion shekels, and stood at NIS 1,014 billion at the stop of 2021, up NIS 90 billion in a single 12 months. The figures are from the financial reports for 2021 launched right now by the Accountant Typical at the Ministry of Finance. The protection establishment is liable for 38% of the actuarial personal debt, with NIS 389 billion owed to occupation staff.

29% of the unfunded pensions are for academics and lecturers, 18% for law enforcement and jail assistance personnel, and 14% for civil servants.

Unfunded pension preparations have not been offered to new hires for the past 20 a long time, but pretty much 50 % individuals entitled to this kind of pensions (43%) are however employed by the point out.

Of the protection establishment pensioners, 25% get month to month pensions down below NIS 8,814. 50% receive above NIS 12,838, with the highest 25% getting over NIS 17,707 monthly.

Printed by Globes, Israel business enterprise news – en.globes.co.il – on June 30, 2022.

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



Avigdor Liberman credit score: Israel Democracy Institute
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