Full coverage· Economy· Updated 15 Sept, 13:09

Economic Advisor's Pension Proposal Criticized as Detrimental to Future Retirees

Professor Avi Simhon's proposal to halt pension contributions for those under 40 is heavily criticized as detrimental to future retirees, especially low-income earners.

22 newsrooms · 3 languages · since 14 Sept, 12:27

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Economic Advisor's Pension Proposal Criticized as Detrimental to Future Retirees — Illustration by baba

What happened

01Proposal to stop pension contributions for under-40s is criticized as harmful.
02Early pension savings are crucial for long-term financial security.
03Low-income earners would suffer most in retirement.
04Proposal timing suggests political motivation before elections.
05National Economic Council faces criticism for strategic planning failures.

The plan, seen as politically motivated and ignoring long-term financial consequences, comes amid criticism of the National Economic Council's strategic planning.

Translated and summarized by baba from Walla, the latest report. Read Walla’s original

The coverage

22 newsrooms on this story

Who covered it

Left2
Centre5
Right5
Haredi2
ArabNone
Other8+3

How it broke

See which of the 22 newsrooms broke it, and who waited

Every report · 22

WallaCentre · Hebrew15 Sept, 13:09Economic Advisor's Pension Proposal Criticized as Detrimental to Future Retirees
Now 14Right · Hebrew15 Sept, 13:02Israeli Economic Council Proposes Pension Savings Shift for Younger Workers
KipaRight · Hebrew15 Sept, 10:47Economic Council Proposal to Suspend Pension Contributions for Under-40s Sparks Concern
GlobesOther · Hebrew14 Sept, 19:56Israel Considers Cutting Pension Contributions to Ease Cost of Living
MaarivCentre · Hebrew14 Sept, 17:39Histadrut Warns Pension Reform for Under-40s Creates False Impression
i24NEWSCentre · Hebrew14 Sept, 17:20Israeli Economic Council Proposes Pension Contribution Pause Until Age 40
VestyOther · Russian14 Sept, 17:18Israeli Economic Council Proposes Ending Pension Contributions for Under-40s
YnetnewsCentre · English14 Sept, 17:08Israel Considers Halting Mandatory Pension Payments for Workers Under 40
DavarLeft · Hebrew14 Sept, 16:57National Economic Council Proposes Halting Employee Pension Contributions Until Age 40
CalcalistOther · Hebrew14 Sept, 16:36Economist's Pension Reform Plan Criticized for Being Too Broad
MignewsOther · Russian14 Sept, 16:21Israel Considers Pension Reform to Ease Burden on Young Workers
CursorinfoOther · Russian14 Sept, 16:00Netanyahu's Economic Advisor Proposes Halting Pension Contributions for Under-40s
IceOther · Hebrew14 Sept, 15:22Israel Considers Halting Employee Pension Contributions Until Age 40
BizportalOther · Hebrew14 Sept, 15:13Israel Considers Halving Pension Contributions for Workers Under 40
MakoCentre · Hebrew14 Sept, 13:47Israel Considers Eliminating Mandatory Pension Contributions for Under-40s
Behadrei HaredimHaredi · Hebrew14 Sept, 13:34Israel Considers Delaying Pension Contributions Until Age 40
HaaretzLeft · Hebrew14 Sept, 13:07Netanyahu's Economic Advisor Proposes Ending Mandatory Pension for Under-40s
TheMarkerOther · Hebrew14 Sept, 13:07Economic Advisor Proposes Ending Mandatory Pension Contributions Before Age 40
0404Right · Hebrew14 Sept, 12:51Israeli Economic Council Proposes Ending Pension Contributions for Workers Under 40
JDNHaredi · Hebrew14 Sept, 12:44Israel Considers Halting Mandatory Pension Contributions for Workers Under 40
Arutz ShevaRight · Hebrew14 Sept, 12:29Israel Considers Halting Pension Contributions for Workers Under 40
SrugimRight · Hebrew14 Sept, 12:27Israel Considers Halting Pension Contributions for Workers Under 40

Mentioned

Avi Simhon Yona Yahav National Economic Council Bank of Israel Treasury Israel