The Portland Trust is committed to promoting peace and stability between Palestinians and Israelis through economic development. |
PensionsDespite the recent reform of the public sector pension system there remains limited access to pension funds for the Palestinian private sector. The establishment of a private sector pension fund would help secure the financial future of retirees, inject long-term capital into the market and stimulate economic growth. In 2007, The Portland Trust commissioned Levant Consulting to outline the options for a modern Palestinian private pensions system. Following the publication of its consultation paper in August 2007, we worked with public and private stakeholders to formulate draft legislation to allow for the establishment of a new private pension system in the Palestinian Territory. The draft legislation was submitted to the Palestinian Prime Minister in January 2008. We are now consulting closely with the private sector, banks, insurance companies and unions to finalise the details of the legislation. To view the study, click here. |
British registered charity no: 1106429
