Israel’s Child Savings Program Reaches 25.4 Billion Shekels with Shift to Pension Funds
How 4 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Walla · 2 hours ago
What happened
Israel’s "Savings for Every Child" program has amassed 25.4 billion shekels by 2025, with a major shift of savers from banks to pension funds. The program, started in 2015, allows monthly deposits for children’s savings accounts, with parents able to double contributions. Investment houses like Infinity gained many new clients, while banks lost customers amid regulatory changes enabling easier fund transfers.
- 01Israel’s child savings program holds 25.4 billion shekels as of 2025 with 3.85 billion returns.
- 0295% of new 2025 savings accounts were opened in pension funds, up from 89% in 2024.
- 03Parents increasingly double monthly deposits, reaching a 63% participation rate in 2024.
- 04Legislative changes allowed savers to move funds from banks to pension funds freely.
- 05Investment house Infinity gained nearly 63,000 new clients, rising to fifth place.
- 06Bank Hapoalim lost 53,000 clients, the largest decline among banks in the program.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 4 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.