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


The Condition of Israel’s motivation to people with unfunded pensions has exceeded just one trillion shekels, and stood at NIS 1,014 billion at the conclude of 2021, up NIS 90 billion in a single calendar year. The figures are from the financial reports for 2021 unveiled nowadays by the Accountant Normal at the Ministry of Finance. The defense establishment is responsible for 38% of the actuarial financial debt, with NIS 389 billion owed to vocation personnel.

29% of the unfunded pensions are for teachers and lecturers, 18% for law enforcement and prison support personnel, and 14% for civil servants.

Unfunded pension arrangements have not been provided to new hires for the earlier twenty several years, but virtually 50 % these entitled to these kinds of pensions (43%) are even now used by the condition.

Of the defense establishment pensioners, 25% get regular pensions below NIS 8,814. 50% get more than NIS 12,838, with the optimum 25% receiving around NIS 17,707 every month.

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

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



Avigdor Liberman credit score: Israel Democracy Institute