Rivlin: Likud Won't Approve Stimulus Without Safety Net

Finance Committee member Reuven Rivlin of the Likud stated yesterday that his party would not support any economic stimulus plan that did not address pension savings. The reported cancellation of a "safety net" for pension savings, he said, contradicts the Likud party's position.

"Likud isn't demanding immediate, full details of the safety net from the Finance Ministry, whether it will apply to people over the age of 55 or 60 or more, but it should be perfectly clear - even a partial plan presented to the finance committee should address the issue of pension savings," Rivlin said.

"A clear and unequivocal message must be sent, in order to create some sense of certainty among the public and the capital market," he added.

Chaim Oron of Meretz-Yahad, also a member of the Finance Committee, asked Finance Committee Chairman Avishay Braverman (of the Labor party) to hold an urgent session on the safety net for pension savings, and expressed concern that the issue would become the subject of party and internal struggles in election politics, rather than the subject of serious debate.