Israel forum for pension saving
ID: 580538106    Category:
"Israel forum for pension saving" is an NGO, dedicated for protecting the pension savings of Israel citizens. It is committed to promoting the interests of the savers, reducing the costs, and improving the way our money is invested.
We struggle to reduce pension management costs (direct and indirect). We encourage institutional activism to make the capital market more fair to the public investors, and to reduce "haircuts" for corporate bonds, where some of our corporate bonds are invested. We write papers and articles for the Israel ministry of finance, expressing our opinion about how to make things better for the saving public.
Since May 2013, we are also working to create a new pension fund that will issue a "responsible investment" policy, and will include inspection for the public representatives.
TRANSPARENCY RATING:
(51%)


    Categories of Activities:
  • Empowerment
  • Workers Association
  • Research

In Israel, the monthly benefit given by the social security for people in retirement in significantly smaller than the one in Europe. Therefore, the existence of private pension and the actual benefits received from it is critical for retired people. The organization started as a facebook group, created April 2010, named "thinking about the future: for the pension savers in Israel". Later we created our website and decided subscribing as an organization. Since then, we became the leading civil society organization dealing with private pension market from the clients side, and helping making it better for the saving public. Reducing costs, and making the capital market more fair for the public investors are significant issues that we deal with since then. Another important issue is where the state responsibility to reduce risks, which is getting lower and lower.

Board of Directors: Roy Mimran,Merav Benoved,Naor Lapid,Liat Molcho,Igal Asaf,Salant Karo,Ori Rosen,Anna Morozov
Staff and Management We have 0 full-time and 0 part-time staff members
Our C.E.O. is
Certificate of Good Standing
(Nihul Takin)
  
Financial Report (last tax year)   
Certificate of Financial Accounting
(Ishur Nihul Pinkasei Chesbonot)
  
Annual Report (last tax year) - Hebrew   
Certificate of tax-deductibility at source (Ishur Nikui Mas b'Makor)   
Annual Report (last tax year) - English   
Classification as non-profit organization (Sivug Malcar)   
Anticipated Budget (this coming year) - Hebrew   
Non-standard articles of incorporation
(Takanon Meuchad)
  
Anticipated Budget (this coming year) - English   

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Address: 42 Burla st., Tel Aviv - Yafo
Tel: 036991320
Website: www.pension.org.il