Monthly Update: April 2008
Israeli Industrial News: New public sector agreement signed
A major new public sector wage agreement was signed on 17 April by Eli Cohen, the Israeli Director of Wages, and Ofer Eini, the chairman of the Histadrut (Israeli TUC). Nearly a million public sector employees will receive a 5% pay raise spread over three years and pensions will now be linked to the Consumer Price Index (CPI). As part of the deal, the Histadrut (Israeli TUC) has also promised to maintain industrial quiet until the end of 2009.