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Full coverage· Economy· Updated

Israel to Delay Social Security Payments by One Day Due to Weekend

Hundreds of thousands of Israelis will receive their social security payments on Sunday, November 29, instead of Saturday, November 28. The National Insurance Institute (Bituah Leumi) is delaying the transfers due to November 28 falling on a Saturday, when banks are closed.

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What happened

  1. 01Hundreds of thousands of Israelis will receive social security payments on Nov. 29 instead of Nov. 28.
  2. 02The National Insurance Institute (Bituah Leumi) cited the Saturday date as the reason for the delay.
  3. 03Israeli banks do not operate on Saturdays, necessitating the one-day postponement.
  4. 04The delay affects major benefits like pensions, disability, and child support payments.
  5. 05The total value of the delayed payments amounts to billions of shekels.

The delay affects major benefits, including pensions and disability payments, totaling billions of shekels.

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

The coverage

2 newsrooms on this story

Who covered it

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How it broke

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