The protection establishment is accountable for 38% of the actuarial credit card debt, with NIS 389 billion owed to career staff.


The Point out of Israel’s dedication to individuals with unfunded pensions has exceeded 1 trillion shekels, and stood at NIS 1,014 billion at the stop of 2021, up NIS 90 billion in one particular yr. The figures are from the economic experiences for 2021 released these days by the Accountant Basic at the Ministry of Finance. The defense establishment is liable for 38% of the actuarial credit card debt, with NIS 389 billion owed to job staff.

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

Unfunded pension preparations have not been offered to new hires for the previous twenty a long time, but practically 50 % these entitled to these types of pensions (43%) are even now employed by the point out.

Of the protection institution pensioners, 25% receive every month pensions under NIS 8,814. 50% obtain above NIS 12,838, with the best 25% acquiring about NIS 17,707 month to month.

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

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



Avigdor Liberman credit score: Israel Democracy Institute