Case Description
Case Description A petition filed by Dr. Carmi to the high court of justice on behalf of the Balanced Veteran Pension Funds, demanding that the government’s “Safety Net” mechanism be applied to them. This mechanism had previously been granted only to the deficit-ridden veteran funds, and the petition aimed to prevent harm to members’ rights resulting from capital market risks.
Status The proceeding has concluded.
Outcome: Following the petition, the Ministry of Finance agreed to grant a Safety Net to the petitioning funds in the amount of NIS 2.5 Billion (!), which was subsequently
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