Economy · Full coverage
National Insurance fund heads toward a 10 billion shekel deficit this year
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Walla · 3 days ago
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What happened
Israel’s National Insurance Institute is heading toward a 10 billion shekel deficit this year, with a possible 23 billion shekel shortfall by 2030. A Finance Ministry forecast and a State Comptroller report point to rapid growth in long-term care and other benefits as the main drivers, while the institute says the government, not it, caused the problem.
- 01National Insurance is forecast to finish the year with a 10 billion shekel deficit.
- 02Without reform, the deficit could reach 23 billion shekels by 2030.
- 03Long-term care spending tripled from 7 billion shekels in 2018 to 21.1 billion in 2025.
- 04The State Comptroller said reserve depletion moved nine years earlier, to 2035.
- 05The institute blames government policy and says benefit cuts would harm vulnerable groups.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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