The Ministry of Finance published a draft law on state regulation for 2025, making several changes and additions to the draft bill, a summary of which the editorial staff of NEWSru.co.il published earlier.
– Where does the Ministry of Finance plan to get money for 2025: draft “fiscal consolidation measures”
– Draft law on state regulation: initiatives of the Ministry of Finance
One of the items that was not in the draft is a proposal to increase the minimum contributions to the National Insurance Institute (Bituach Leumi) and the state health insurance (health tax) by 10%.
The minimum tariff is intended for the unemployed, students, yeshiva students, repatriates who do not reside in the country on a permanent basis, as well as any other persons who do not work and do not have taxable income.
For workers whose income is subject to Bituach Leumi contributions and health care tax, and the amount of contributions does not reach the established minimum for the unemployed, it is proposed to increase the amount of contributions to the established minimum.
The move is expected to bring in 660 million shekels to the state treasury in 2025, and 2.1 billion shekels from 2026 onwards.
The Ministry of Finance also plans to increase pension contributions for employees entitled to a pension from the state budget from 2% of salary to 7% of salary.
Another initiative is the transfer of some Israeli police officers to individual contracts.