Government Versus Private Pensions
Author: Shlomo Yitzhaki, Daniel Premisler Policy Research

This policy paper compares the benefits of enacting a government pension system where the government collects and manages the pension savings of workers, versus the current situation where the market is privately managed under government regulation.

The comparison includes several measures: efficiency and enforcement of collection, the ability to enhance competition in the capital market in Israel, and the principles of government insurance versus private insurance and its significance for Israel.  The conclusion drawn from the analysis is that the government pension system has advantages over the private system, both in terms of the management costs and in terms of returns to savers.

(In Hebrew only)

People who read this were also interested in:

Philanthropy in Israel: An Updated Picture AUTHOR: Prof. Claude Berrebi and Hanan Yonah
A Macroeconomic Picture of the Economy in 2017 AUTHOR: Gilad Brand, Prof. Avi Weiss and Dr. Assaf Zimring
Developments in Israeli Social Welfare Policy AUTHOR: Prof. John Gal and Shavit Madhala
Israel’s Education System in Recent Years: An Overview AUTHOR: Nachum Blass and Prof. Yossi Shavit