BREAKING NEWS

Knesset passes law to freeze women’s retirement age at 62

The retirement age for women will remain at 62 until at least 2017, after legislation submitted by more than a dozen lawmakers was approved in the Knesset on Monday.
A combination of five different bills submitted by some 14 Knesset members from across the political spectrum, the law comes in direct contradiction to recommendations made earlier this year by the Finance Ministry and backed by Finance Minister Yuval Steinitz to raise the retirement age for women starting next month. The main goal of the treasury was to bring the age for women up to 67 so that it is in line with the retirement age for men.
“At a time when women’s rights are being attacked this is a very positive step,” commented MK Haim Katz (Likud), chairman of the Knesset Committee for Welfare, Labor and Health. Katz was among the Knesset members that pushed for this measure.
After the bill was approved, Steinitz spoke in the plenum calling the legislation a “triumph of populism over common sense.”
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