Prime Minister Ehud Olmert announced Monday that the State would provide a limitedsafety net for pension funds for savers over the age of 57 despite opposition from the Finance Ministry.The safety net will apply to those aged 57 and over with accrued pension savings of up to NIS 1.5 million. and  it will guarantee only part of the funds and will not be retroactive. The plan will guarantee NIS 750,000 at the maximum savings level, which is equivalent to approximately NIS 8,000 in monthly income - the average wage in the economy. 12/09/08