Bankruptcy and Corporate Liquidation (Employee Rights)

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The National Insurance protects employees whose rights were prejudiced as a result of economic difficulties encountered by their employer.
The salaried employee whose employer has been served a bankruptcy, corporate liquidation or execution proceedings order, is entitled to a benefit under chapter 8 of the National Insurance Law. This benefit includes payment of wage debt, severance pay and payment of the debt owed to the employee's provident fund for arrears accumulated by his employer.
Following the enactment of the Insolvency and Economic Rehabilitation Law (5778-2018), some changes applied to existing insolvency rules. Accordingly, we have modified and adapted the conditions of entitlement, claim submission requirements and benefit payment.

What should I do to receive a benefit when my employer in insolvency (bankruptcy)?

  • Conditions of eligibility and other information can be found here.
  • Benefit payments include payment of working wage debt and severance debt, as well as payment of debt toward provident fund.
    For more information click here.
  • For a claim in payment of working wage debt and severance, click here
    For a claim in payment of debt toward provident fund – one must submit through the official's website (official receiver).
  • Letters sent in relation with the claim can be viewed on the Personal Service website.
  • The notification of approval/denial of the claim will appear on the Personal Service website.
  • For information about benefit amounts, click here.