Retirement Age

Tens of thousands of skilled workers who immigrated from the former USSR in the 90s are approaching retirement. In the industry, the rate of former USSR immigrants aged 60 and over is 2.3 times higher than the average in the economy. The President of the Manufacturers Association stated that the next government must act urgently.

The cost of living, life expectancy, and pension gaps are driving many Israelis to remain in the labor market beyond age 65. Analysis of Hilan's data reveals significant gender gaps favoring men, strong loyalty to existing employers, and distinct sectoral trends for older workers.