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Employees' Rights Consequent to Bankruptcy or Corporate Liquidation - Those Entitled to Benefits Include

An employee whose employer has filed for bankruptcy or against whose employer a liquidation decree has been filed (if the employer is a corporation).

Relatives of an employee who are entitled to his severance pay, according to section 5 of the Severance Pay Law.

Pension fund, if the employer owes money to the pension fund that insures the employee.

 

For a claim to pay a salary debt and compensation, click here.
For a claim to pay debt to a trust fund, click here.

Those not entitled to benefits include:

A self-employed person or a controlling shareholder in a company that holds the majority of shares in a company, in which there is no employer-employee relationship between  the person and the company.

A controlling shareholder in a close company, as well as foreign workers, and workers from the territories who are in Israel illegally, with regard to liquidations that took place after January 1, 2004

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