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The defense establishment is responsible for 38% of the actuarial personal debt, with NIS 389 billion owed to vocation staff.

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The Point out of Israel’s motivation 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 single 12 months. The figures are from the financial studies for 2021 produced right now by the Accountant Normal at the Ministry of Finance. The protection institution is dependable for 38% of the actuarial debt, with NIS 389 billion owed to job staff.

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

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Unfunded pension preparations have not been specified to new hires for the past twenty several years, but nearly half all those entitled to this sort of pensions (43%) are even now used by the condition.

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Of the protection establishment pensioners, 25% get regular monthly pensions below NIS 8,814. 50% obtain about NIS 12,838, with the greatest 25% receiving around NIS 17,707 regular.

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

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

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Avigdor Liberman  credit: Israel Democracy Institute

Avigdor Liberman credit rating: Israel Democracy Institute

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