Israeli Parties Divided on Pension Increase Proposals
Translated & summarized from Mako by baba
Israeli political parties are divided on proposals to increase old-age pensions. Some parties, like Yisrael Beiteinu and the Democrats, advocate for raising the basic pension and re-linking it to wages. Others, including Yashar and B'Yachad, prefer to target increases to low-income seniors. The Joint List and Religious Zionism support a universal raise for all elderly citizens. Several parties have yet to declare their position.
The story in 6 lines · by baba
- Israeli parties differ on whether to universally increase pensions or target low-income seniors.
- Yisrael Beiteinu proposes raising pensions to 25% of the average wage.
- The Democrats want to re-link pensions to the average wage.
- Yashar and B'Yachad favor differential increases for low-income individuals.
- The Joint List and Religious Zionism support a raise for all elderly citizens.
- Several parties, including Likud, have not stated a position on pension increases.
Israeli political parties hold differing views on how to increase old-age pensions for citizens, with some advocating for a universal raise and others preferring a targeted approach for low-income individuals. The issue is being examined by the non-profit organization 121 - Engine for Social Change.
Parties like Yisrael Beiteinu propose gradually raising the basic pension to 25% of the average wage, while the Democrats aim to re-link pensions to the average wage. The Religious Zionism party and the Joint List support a general increase for all elderly citizens without an income test.
Parties such as Yashar and B'Yachad (Together) favor directing additional funds to those with lower incomes. Yashar's plan specifically targets Holocaust survivors, immigrants with low pensions, and individuals who have historically relied on welfare services. B'Yachad proposes a differential increase for approximately 350,000 elderly citizens whose income is below NIS 10,000, with those earning under NIS 6,000 potentially doubling their pension.
Several parties, including Likud, Yahadut HaTorah, Shas, and Otzma Yehudit, have not yet presented a clear stance on raising old-age pensions. Ra'am and HaMeyuladim-HaKalkalit also focus on increasing benefits for the poor but do not commit to a universal raise.
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