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The pension Fund was obliged to close inactive accounts, sending checks to their owners

Despite provided by the Ministry of Finance tax exemption on withdrawal of money from the inactive pension accounts, which less than 8,000 shekels in pension offices and foundations still remains 1.2 million such accounts.

In the two years since joining the liberation force was closed, only 13% of small inactive accounts.

In this regard, the Director of the office control capital market, insurance and pension savings Dorit Salinger issued a circular obliging pension funds and funds sent to the account holders cheques in an existing account amount.

At the first stage checks will be the owners of the accounts, which accumulated less than 1,350 shekels, at the second stage – all the rest.

The pension Fund was obliged to close inactive accounts, sending checks to their owners 03.01.2018

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