JERUSALEM (Jul. 31)
The Finance Committee of the Knesset, Israel’s Parliament, decided unanimously today to increase the salary of Israeli President Izhak Ben-Zvi from 4,500 pounds ($1,500) a year to 18,000 pounds ($6,000).
The raise, which is retroactive to April of this year, was passed over the objections of the President who had insisted on retaining the 4,500-pound annual salary which was less than the salaries earned by many civil servants. The President’s salary is now higher than that of any other Government official.
In addition to his salary, President Ben-Zvi has been receiving annual allowances of 15,000 pounds ($5,000) which he and Mrs. Ben-Zvi consistently turned over to libraries in development centers and for rural synagogues and other cultural and educational activities.