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| Old-Age - Special old-age benefit |
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If you are a resident of Israel who is not covered by old-age insurance and you are not entitled to an old-age pension because you immigrated to Israel after the age of 60-62 according to the month of your birth, you will receive a special benefit from the National Insurance Institute, funded by the Ministry of Finance, provided that you meet all the conditions specified in the law.
1. You are an Israeli resident.
2. You have reached retirement age according to the month of your birth.
3. Women: you and your spouse are not receiving a pension from the National Insurance Institute.
4. Men: you and your spouse are not receiving a pension from the National Insurance Institute, or your spouse is receiving an old-age pension or a disability pension and she has reached the age of entitlement to an old-age pension.
5. You have not yet reached the age of entitlement to an old-age pension and your income from work does not exceed (or minimally exceeds) the maximum income. The maximum income for an individual is NIS 4,913 (as of 01.01.2012) .
Or
You are 70 years of age or older (you have reached the age of entitlement to an old age pension) and your income from work does not exceed (or minimally exceeds) the maximum income multiplied by 3 ("proportional old age pension").
6. Your income and the income of your spouse who lives with you (which is not from work) does not exceed (or minimally exceeds) the rate of the old-age pension + the income supplement (according to the composition of your family).
Please note:
A married woman who was born before August 1, 1932 is not entitled to a special old-age benefit.
A married woman who was born after August 1, 1932 is entitled to a special old-age benefit from the age of entitlement to the old-age pension, provided that her husband is not receiving a pension under the law.
A returning resident
An Israeli resident who emigrated from Israel and returned, and has not been in Israel for the specified qualifying period, may be entitled, under certain circumstances, to a special old-age benefit.
Rates of the special benefit
The rates of the special benefit (for an individual and for someone who has dependents) are equivalent to the old-age pension rates specified in the National Insurance Law. However, no seniority increment or pension deferral increment are paid. An income supplement is paid according to the conditions of entitlement.
Submitting a claim for benefit
In order to receive a special benefit, you must submit a claim on the Special Old-Age Benefit form at the National Insurance Institute branch closest to your place of residence. You must attach your immigrant's card and any other document that can prove your entitlement to the benefit.
The Income Supplement Claim form is attached to the Special Old-Age Benefit form (a list of the required documents appears on the claim form).
Date of payment
The special benefit is paid on the 28th of the month and only from the 1st of the month in which you submitted the claim (the benefit for the period that preceded the month in which you submitted the claim will be paid under certain circumstances).
In the transition from a disability to a special old-age benefit, the benefit is paid from the date on which the disability pension ceases.
Staying abroad
If you intend to leave Israel for any reason, you must inform the National Insurance Institute. If you depart without doing so, you may accumulate debts that you will be required to repay to the National Insurance Institute.
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