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OECD Report Praises Israel's Pension System for High Returns and Stability
An OECD report has recognized Israel's pension system for its high saver returns and stability, ranking it second globally for returns over the past decade. The system benefits from widespread public participation, largely due to a 2008 mandate, and low dependence on state funding.
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What happened
- 01Israel's pension system ranked second globally for saver returns over the past decade, averaging 5.5% annually.
- 02The OECD report highlights Israel's high pension participation rate, boosted by a 2008 mandate.
- 03Israel's pension model relies on personal savings, resulting in low dependence on the state budget.
- 04Experts warn that despite strong returns, a savings gap exists, especially for women, impacting retirement income sufficiency.
- 05The OECD report "Pensions Outlook 2026" reviewed pension savings systems worldwide.
While returns are strong, experts caution that ensuring sufficient retirement income requires addressing a savings gap, particularly for women.
The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link below.
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