News Briefs

  6/19/2014, Sivan 21, 5774

Retiring IBA Employees to Receive 1 Million Shekels

Employees of the Israel Broadcasting Authority (IBA), who will retire under the reform lead by Communications Minister Gilad Erdan, will receive nearly a million shekels ($290,000) in compensation and benefits, Channel 2 News reported on Wednesday.

According to the report, the average total amount to be offered to an employee who will leave the IBA will stand at 400 thousand shekels.