A major objective of the Israeli Old Age and Survivors (OAS) programme is focused on: redistribution of income. The effects on income distribution within one generation and across generations are studied. It was found that the programme is very effective. It takes more than 4 per cent of the...

Examines the options for a pension system in Israel in comparison with other pension systems in developed countries. A basic actuarial model is calculated for the evaluation of the feasible funded pensions. For reasonably conservative rates of return and contribution rates a funded system can be...