The Israel Cabinet today approved the draft of a new pension law for government officials. The draft bases the pension paid on the highest salary earned by the employe. The pension that would be paid on retirement after 30 years of service would, according to the draft law, be two-thirds of the employe’s last salary.
Keep Jewish Stories in Focus.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.