Ministers, Knesset members, judges and other public servants will enjoy a pay rise of more than NIS 1,000 (roughly $258) a month as of January 1.
Prime Minister Benjamin Netanyahu, for instance, who currently earns NIS 46,000 (roughly $11,850) a month, is expected to get an additional NIS 1,150 (roughly $300), President Shimon Peres' monthly NIS 52,050 (roughly $13,400) will likely grow by NIS 1,562 (roughly $402); and MK Shaul Mofaz is set to recieve an additional NIS 1,043 (roughly $270) on top of his monthly NIS 41,730 (roughly $ 10,750).
- Vegetable prices up 13% in September
- McDonald's raises prices of most items
- Subsidized bread prices to add 6.53%
The reason for this increase is that senior public officials' wages are linked to the Consumer Price Index (CPI) or the average salary.
Since most laid-off employees had low incomes, the average salary has increased, causing an absurd situation where the more people are fired, the more public officials' pay rises.
The officials' pay rise is even more questionable, taking into account the upcoming elections which suspended Knesset sesssions until until March.
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