Economy · Full coverage
Israel's Legacy Pension System Costs Billions, With Judges Earning Most
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
By Томер Адони
First reported by Channel 9 · 4 hours ago
What happened
Israel's legacy "budget pension" system, covering public sector workers hired before the early 2000s, is costing the state billions annually, with former judges receiving the highest average pensions of around 44,000 shekels per month. These long-term state obligations, a relic of past labor agreements, are projected to reach 723 billion shekels by 2025.
- 01Israel's legacy pension system obligations will reach 723 billion shekels by 2025.
- 02Budget pensions are paid directly from state funds, not individual savings.
- 03Former judges receive the highest average pensions, around 44,000 shekels monthly.
- 04The system covers public sector employees hired before the early 2000s reform.
- 05Costs are expected to decrease as newer pension systems become dominant.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
Related stories
Israel’s National Insurance Pension Offers Basic Support Despite Decades of ContributionsAug 5, 2026Israeli Workers Pay Over One Million Shekels to National Insurance Over Career, Less Than EuropeJul 28, 2026Over One Million Israelis Pay Maximum Pension Management FeesAug 30, 2026Israeli Public Passive on Pension Fees, Paying Dearly1 day agoIsraelis at 60 Face Pension Shortfall, But Working Longer Offers HopeSep 5, 2026Israel's 2025 Financial Report Reveals NIS 723 Billion Pension Liability2 days ago