Plan to raise the retirement age is nothing less than grand larceny
Israel’s Finance Ministry is in effect transferring capital from one group of people in the private sector to another in the public sector.
The Yedioth Aharonoth daily reported last week about the next austerity measure that the public would face from the Finance Ministry. Under the optimistic sounding headline “Work is our life,” Gad Lior reported that the ministry intends to raise the retirement age for women from 62 to 64 and for men from 67 to 70. A senior ministry official explained that the proposal was a...
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