Intended bond reform: A fund will be established to form a “safety net” for pension savings

Intended bond reform: A fund will be established to form a “safety net” for pension savings
Intended bond reform: A fund will be established to form a “safety net” for pension savings

The government will be required to set aside money each year for the return guarantee fund – when the amount accumulated in it, amounting to billions of shekels, will not be able to be used for other purposes. The reform seeks to cancel the issuance of bonds at a rate of 30% of Israelis’ pension assets; after that, the state will deploy a safety net that will guarantee a return of 5% per year

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Intended bond reform fund established form safety net pension savings

 
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