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Deputies abolished the automatic increase in the retirement age for women

The Finance Committee of the Knesset repealed the section of the law on pensions providing for automatic increase in the retirement age for women from 62 to 64 years from 1 January 2017.

Previously, the Commission repeatedly postponed the commencement of a paragraph in force.

A new decision of the Commission provides that the Minister of Finance must submit its recommendations on this issue until November 15, 2017, so that the Commission could review them prior to February 15, 2018.

If the Finance Minister does not take any action before the deadline, the retirement age for women will remain 62 years.

Deputies abolished the automatic increase in the retirement age for women 18.07.2017

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