The effect of changes in life expectancy on pension plans in Israel

Conditional life expectancy of the elderly has increased in developed countries, including Israel, in the last few decades. For Israel, this development and government policies adopted in the last decades have undermined the public's pension security. The most significant factor that currently...

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Bibliographic Details
Published inIsrael affairs Vol. 23; no. 1; pp. 144 - 166
Main Authors Sohlberg, Idit, Yutav, Shaul
Format Journal Article
LanguageEnglish
Published Abingdon Routledge 01.02.2017
Taylor & Francis Ltd
Subjects
Affirmative action
conditional life expectancy
Elderly
Females
Industrial societies
Israel
labor market
Legislation
Life expectancy
Longevity
Occupations
Older people
Pension plans
pension savings
retired
Israel
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Summary:Conditional life expectancy of the elderly has increased in developed countries, including Israel, in the last few decades. For Israel, this development and government policies adopted in the last decades have undermined the public's pension security. The most significant factor that currently affects the pension level is the low number of accrual years in pension savings, particularly for women, but also for men. The rise in conditional life expectancy makes it necessary to extend people's working years by developing a labour market suited to the needs of the elderly population. Age-related affirmative action in occupations best suited to the elderly should be instituted through relevant legislation.
Bibliography:ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 23
ISSN:1353-7121
1743-9086
DOI:10.1080/13537121.2016.1244384