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The defense establishment is dependable for 38% of the actuarial credit card debt, with NIS 389 billion owed to job personnel.

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The State of Israel’s dedication to folks with unfunded pensions has exceeded a person trillion shekels, and stood at NIS 1,014 billion at the conclusion of 2021, up NIS 90 billion in just one 12 months. The figures are from the economic studies for 2021 produced these days by the Accountant Common at the Ministry of Finance. The defense establishment is dependable for 38% of the actuarial personal debt, with NIS 389 billion owed to career staff.

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29% of the unfunded pensions are for instructors and lecturers, 18% for law enforcement and jail service personnel, and 14% for civil servants.

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Unfunded pension preparations have not been offered to new hires for the previous twenty a long time, but nearly 50 % people entitled to these types of pensions (43%) are however employed by the state.

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Of the defense establishment pensioners, 25% obtain every month pensions down below NIS 8,814. 50% receive around NIS 12,838, with the optimum 25% getting around NIS 17,707 monthly.

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Posted by Globes, Israel enterprise 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 history: Israel Democracy Institute

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