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Tag: government

Israel’s National Insurance will run out of pension funds by 2036

March 18, 2024October 9, 2024David Rutman

Under the National Insurance Institute law, every three years, the organization’s actuary must present a report containing the forecast and expectation for payments and pensions to the residents of Israel. The institute must also ensure the ability to meet its obligations and the rights granted to citizens by law. The institute’s recent report is tailored […]

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Public transport passengers in Israel fined NIS 24 million in 2023

March 17, 2024October 9, 2024David Rutman

During 2023, public transportation passengers were fined 238,146 times for non-payment, totaling more than NIS 24 million. Of these fines, 92% were issued to Egged passengers, which is also the largest bus company, although not by a significant margin. The data regarding the authority and conduct of inspectors in public transportation was presented at a […]

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The Government Housing Plan’s 2024 highlights

February 11, 2024February 11, 2024David Rutman

After being presented to the media yesterday in a press conference, Israel’s housing plan for 2024 was approved in today’s government meeting. The plan, which includes an investment of billions of shekels, was developed by the Ministries of Construction and Housing, Finance, and other relevant government bodies, with the goal of maintaining functional continuity in […]

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Israel allocates hundreds of millions to preserve open spaces

December 29, 2023December 29, 2023David Rutman

The Israel Land Authority has announced the allocation of NIS 400 million ($110 m.) from this year’s budget to support approximately 110 environmental and ecological projects, making them accessible to the public. The decision was confirmed during a meeting of the Fund for the Preservation of Open Areas, chaired by Yaakov Quint, director of the […]

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