Don’t count on your pension!

The key to solving the pension crisis is to understand that if Israel waits a decade to fix the problem when a million or more pensioners become paupers, it will be too late.

August 22, 2018 12:08
The writer, Shlomo Maital, with his new grandson Carmel Sapir Maital

The writer, Shlomo Maital, with his new grandson Carmel Sapir Maital. (photo credit: Courtesy)


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


You know that tidy monthly income you were counting on, paid from your own pension savings? World travel you dreamed of? Gifts for your children and grandchildren? A life of serenity, after decades of hard work, supporting yourself and your family?

Well, forget it. The way things are going, chances are your pension will be far less than adequate, let alone generous. And in the worst case, it might not even exist at all. Unless, that is, you happen to be an MK (Member of Knesset).
Those gloomy words apply to Israel and with few exceptions, to most Western nations. People are entering the work force later, living longer, saving less – and earning lower interest on savings than in the past. In the West, as the baby-boom generation reaches retirement, and the baby-bust generation has to fork over big sums to support them, a crisis is emerging.


Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content