The dependence of the National Pension Fund on the government budget reached 87%.
Aladdin Azouji, CEO of the State Pension Fund:
The dependence of the National Pension Fund on the general government budget has increased greatly. The share of resources provided by the public budget increased from approximately 65 to 66 percent in 2010 to almost 87 percent now; That is, it increased by more than 21 percentage points.
Part of the fund's resources are provided by insurance deductions, and the other part is dedicated to commitments and government assistance. The sum of these resources shows that the fund has become more dependent on the financial support of the government to fulfill its obligations, and this issue puts more pressure on the public budget.