Pensioner stipend picture looked dire in 2012
Nearly half of retired people in Israel received less than NIS 5k a month last year, with one in eight getting less than NIS 2k.
Nearly half of pensioners in Israel received less than NIS 5,000 a month last year – only slightly more than minimum wage, according to Central Bureau of Statistics data. One in eight pensioners receives less than NIS 2,000 a month, while only 7% get more than NIS 10,000 a month.
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