Don't sell young people's future for a few hundred shekels today | Lior Rosenfeld
Lior Rosenfeld, president of the Insurance Agents Association, attacks Prof. Avi Simhon's proposal to cancel employee pension contributions until age 40. Rosenfeld argues that pension is not a tax, but the worker's money for their future, and that reducing pension savings at a young age will harm financial security at retirement age. He calls for an immediate public debate.
Lior Rosenfeld, president of the Insurance Agents Association, publishes an opinion piece against Prof. Avi Simhon's proposal to cancel employee pension contributions until age 40. Rosenfeld argues that pension is not a tax, but the worker's money meant to secure their future. He warns that reducing pension savings at a young age will harm financial security at retirement age, and that years in which no money was saved cannot be bought back. Rosenfeld calls for an immediate public debate, before the proposal becomes legislative reality. He emphasizes that the cost of living and low wages for young people should be addressed in other ways, not at the expense of their pension future.
Don't sell young people's future for a few hundred shekels today | Lior Rosenfeld