State’s unfunded pension debt exceeds trillion shekels
1 min readThe defense establishment is accountable for 38% of the actuarial credit card debt, with NIS 389 billion owed to career staff.


The Condition of Israel’s motivation to people today 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 1 12 months. The figures are from the economical studies for 2021 produced today by the Accountant Common at the Ministry of Finance. The defense institution is dependable for 38% of the actuarial personal debt, with NIS 389 billion owed to vocation personnel.

29% of the unfunded pensions are for instructors and lecturers, 18% for law enforcement and prison company staff, and 14% for civil servants.

Unfunded pension preparations have not been given to new hires for the past 20 many years, but just about half those entitled to these pensions (43%) are even now employed by the condition.

Of the defense institution pensioners, 25% obtain regular monthly pensions underneath NIS 8,814. 50% get over NIS 12,838, with the greatest 25% obtaining over NIS 17,707 regular.

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

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



Avigdor Liberman credit rating: Israel Democracy Institute