The Histadrut reported an impressive rate of new members of compulsory pension funds.
About 250,000 Israeli joined the pension savings program in 2008 in the wake of the compulsory pension agreement. This impressive figure was released today by the Histadrut (General Federation of Labor in Israel), regarding new members being insured by pension funds following the introduction of compulsory pensions.
Chair of the Committee Supervising the Expansion of Compulsory Pensions Adv. Rivka Verbner said, "We are talking about new pension fund members that have been identified as insured in compulsory pension funds as distinguished from other fund members."
Published by Globes [online], Israel business news - www.globes-online.com - on March 10, 2009
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