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


The State of Israel’s determination to persons with unfunded pensions has exceeded a single trillion shekels, and stood at NIS 1,014 billion at the close of 2021, up NIS 90 billion in a single calendar year. The figures are from the financial stories for 2021 unveiled now by the Accountant Common at the Ministry of Finance. The protection institution is accountable for 38% of the actuarial credit card debt, with NIS 389 billion owed to job staff.

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

Unfunded pension preparations have not been specified to new hires for the past twenty many years, but just about 50 percent these entitled to such pensions (43%) are even now utilized by the state.

Of the defense establishment pensioners, 25% acquire regular pensions beneath NIS 8,814. 50% acquire over NIS 12,838, with the maximum 25% obtaining over NIS 17,707 regular.

Released by Globes, Israel small 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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