Israel’s National Insurance Institute is on track to be unable to fully fund its welfare commitments by 2035, according to a report released Sunday by State Comptroller Matanyahu Englman.
The comptroller’s assessment highlights a growing structural deficit in the agency that provides critical social safety net benefits, including pensions, disability allowances, and child benefits.
The projection signals that without significant policy intervention, the institute will face a severe liquidity crunch within a decade.
This warning arrives amid broader global concerns regarding the sustainability of public pension and welfare systems.
In the United States, the Social Security Administration recently projected that its retirement trust fund would be exhausted by 2032, accelerating the depletion timeline by one year compared to previous estimates.
These parallel developments underscore a widespread challenge for advanced economies grappling with aging populations and rising welfare costs.