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Knesset members have raised its pension contributions by 25%

Commission of the Knesset approved the decision to increase pension contributions of deputies by 25% from 18.33% of salary to the 22,83% of salary.

More than half of this increase (2.5% of wages) will be at the expense of the employer (the state).

The Commission’s decision follows a late January decision, the Finance Committee of the Knesset on the increase in pension contributions of senior government officials — President, Ministers and Deputy Ministers, judges and other officials, whose salaries are attached to the salaries of judges.

Knesset members have raised its pension contributions by 25% 14.02.2017

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