Conditions of entitlement - Income test for a person who has (only) income from sources other than work

For a person who has no spouse (single), or has a spouse who does not meet the definition of spouse under the Old-Age Insurance Law:

- If your income from sources other than work (such as from rent or from interest on investments) is less than NIS 14,739 (as of 01.01.2012) - you may be entitled to a full old-age pension.

- If your income from sources other than work (such as from rent or from interest on investments) is over than NIS 14,739 (as of 01.01.2012) - you may be entitled to a partial pension or you may not be entitled to a pension at all, according to the amount of your income.

For a person who has a spouse who meets the definition of spouse under the Old-Age Insurance Law:  

- If your income from sources other than work is less than NIS 19,650 (as of 01.01.2012) (the maximum income multiplied by 3) - you may be entitled to a full old-age pension.

- If your income from sources other than work is over than NIS 19,650 (as of 01.01.2012) (the maximum income multiplied by 3) - you may be entitled to a partial pension or you may not be entitled to a pension at all, according to the amount of your income.

Note: If you have a child with you – the income test amounts will be higher than those listed above.

Please note,
If you are not entitled to an old-age pension in the period from retirement age to the age of entitlement to old-age pension due to income not from work, you will not be entitled to a pension deferral income for this period.