Manufacturers Asso. of Israel offers NIS 1.5 billion to pensioners

2017-11-29T11:57:28-08:00November 29th, 2017|Categories: Pension Funding|Tags: , , |

Members of the Manufacturers Association of Israel are mobilizing to transfer NIS 1.5 billion annually to the National Insurance Institute (NII) “so that no elderly person will remain poor in Israel,” MAI President Shraga Brosh announced Sunday morning at a press conference in Tel Aviv. The MAI is the representative body of all industrial sectors in Israel, with a membership of over 2,000 organizations and plants responsible for more than 95% of the industrial production in Israel. The move [...]