State’s unfunded pension debt exceeds trillion shekels
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The defense institution is responsible for 38% of the actuarial debt, with NIS 389 billion owed to occupation staff.


The State of Israel’s determination to individuals with unfunded pensions has exceeded just one trillion shekels, and stood at NIS 1,014 billion at the end of 2021, up NIS 90 billion in a person 12 months. The figures are from the economic stories for 2021 released nowadays by the Accountant General at the Ministry of Finance. The protection establishment is accountable for 38% of the actuarial financial debt, with NIS 389 billion owed to profession staff.

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

Unfunded pension preparations have not been presented to new hires for the earlier 20 yrs, but nearly half those entitled to these kinds of pensions (43%) are continue to used by the condition.

Of the defense establishment pensioners, 25% obtain every month pensions down below NIS 8,814. 50% acquire over NIS 12,838, with the greatest 25% acquiring in excess of NIS 17,707 regular.

Published by Globes, Israel business information – en.globes.co.il – on June 30, 2022.

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



Avigdor Liberman credit: Israel Democracy Institute
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