25.4 billion shekels have been deposited since the launch of the “Savings for Every Child” program in 2017. At the end of 2025, more than 3.6 million active savings plans were managed, with only 63% of parents choosing to double their monthly savings. The cumulative profit in the program reached approximately 3.85 billion shekels, and 84% of active savings are managed in provident funds.
The National Insurance Institute’s Research and Planning Director published a new report today (Wednesday) summarizing the activity of the “Savings for Every Child” program in 2025. The report shows that since the launch of the program in January 2017 and until the end of 2025, a cumulative amount of approximately 25.4 billion shekels has been transferred to children’s savings.
Of this amount, approximately 17.7 billion shekels, which constitutes 70%, were deposited by the National Insurance Institute, and approximately 7.7 billion shekels were deposited by parents who chose to double the monthly deposit through the child allowance. The cumulative profit reported in the savings plans reached approximately 3.85 billion shekels.
In 2025 alone, approximately 3.56 billion shekels were deposited in the plans. At the end of the year, there were 3,633,573 active savings plans in Israel, alongside approximately 335 thousand plans that were inactive following withdrawals or transfers. During the year, 122,300 plans were fully redeemed and another 2,960 plans were partially redeemed, for a total amount of approximately 1.075 billion shekels.
The report indicates the public's continued transition to provident funds: 84% of active savings plans at the end of 2025, approximately 3.05 million savings, were managed in provident funds, compared to only 16% in banks. The legislative amendment that came into effect in January 2025, which made it possible to stop bank savings deposits and open new savings in a provident fund, led to the opening of 98,119 savings in provident funds during the year, in parallel with the cessation of deposits in banks.
It also appears that of the plans in which deposits were made during 2025, in approximately 2.18 million plans, constituting 63.2%, parents chose to add NIS 57 each month and double the amount of savings. However, the proportion of parents who actively choose the investment track is still not 100%. According to National Insurance data, the cumulative selection rate of parents since the beginning of the program is approximately 60%, while in programs for which the selection period ended between July 2024 and June 2025, the rate was 54%.
In 2025, savings plans were opened for 363,909 children, with approximately 94.8% of them opened in provident funds. In addition, approximately 433 thousand grants were paid during the year to children who reached the ages of 3, 18 and 21, for a total amount of approximately 193.3 million shekels.
The National Insurance emphasizes that the program is intended to provide every boy and girl in Israel with a significant financial starting point upon reaching adulthood. Alongside the data indicating the scope of savings and profits accumulated, the report illustrates the importance of increasing parental involvement, in choosing the savings track and in the additional deposit, which may significantly affect the amount that will be available to their children in the future.
For the full report, click here
Acting Director General of the National Insurance Institute, Zvika Cohen: "The 'Savings for every child' program is first and foremost an investment in equal opportunities. Alongside ongoing support for Israeli children, we seek to provide a better financial starting point at the beginning of their adult lives. For many families, every additional deposit today can become a significant resource in the future, reducing social gaps and strengthening the ability of young people to embark on an independent path with a more stable financial foundation. This is also the time to call on parents to be more involved in choosing savings plans - whether it is an additional deposit if possible, or greater involvement among the second and subsequent children in the family. This involvement is what will make a difference between tens of thousands of shekels and hundreds of thousands of shekels for the children in the family, and this is significant."