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      Archive: 8/15/2013

      News Brief

        8/15/2013, Elul 9, 5773

      Lapid Reconsiders Pension Cuts

      Following strident negative response, Knesset sources announced last night (Wednesday) that Minister of Finance, Yair Lapid, was reconsidering his planned pension cuts.

      Chairman of the Labor and Welfare Committee, MK Haim Katz (Likud), met yesterday with the Minister of Finance, and requested that he freeze the planned cuts.  It was further clarified last night that as a result sharp criticism of the plan, even before the Histadrut entered the picture, that Lapid was reconsidering taking this step.