National Insurance Institute: 2025 Summary of the 'Savings for Every Child' Program
The National Insurance Institute has released its report on the 'Savings for Every Child' program, revealing 25.4 billion shekels in accumulated savings. Acting CEO Tzvika Cohen urged parents to take a more active role in managing these accounts to maximize future benefits.
The Director of Research and Planning at the National Insurance Institute published a report on Sunday summarizing the activity of the 'Savings for Every Child' program in 2025. Since the program's launch in January 2017 through the end of 2025, a cumulative sum of approximately 25.4 billion shekels has been transferred to children's savings accounts.
Of this total, 17.7 billion shekels (70%) were deposited by the National Insurance Institute, while 7.7 billion shekels were contributed by parents who opted to double their monthly deposits using their child allowance. Cumulative profits across the savings plans reached approximately 3.85 billion shekels.
In 2025 alone, 3.56 billion shekels were deposited. By year-end, there were 3,633,573 active savings plans. During the year, 122,300 plans were fully redeemed and 2,960 were partially redeemed, totaling 1.075 billion shekels.
The report highlights a continued shift toward provident funds (Kupat Gemel): 84% of active plans (3.05 million) are now managed in provident funds, compared to only 16% in banks. A legislative amendment effective January 2025, which allowed for the transfer of funds from banks to provident funds, led to the opening of 98,119 new accounts.
In 2.18 million plans (63.2%), parents chose to add 57 shekels monthly. However, the overall rate of parental engagement in selecting investment tracks remains at about 60% since the program's inception, and 54% for plans where the selection period ended between July 2024 and June 2025.
In 2025, 363,909 new plans were opened, with 94.8% in provident funds. Approximately 433,000 grants were paid to children reaching ages 3, 18, and 21, totaling 193.3 million shekels.
Acting CEO of the National Insurance Institute, Tzvika Cohen, stated:
"The 'Savings for Every Child' program is primarily an investment in equal opportunity. For many families, every additional deposit today becomes a significant resource in the future. I call on parents to be more involved; this involvement is what makes the difference between tens of thousands and hundreds of thousands of shekels for their children."
