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


as of Jan 01, 2021

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 monthly income from sources other than work (such as from rent or from interest on investments) is less than NIS 18,042 - you may be entitled to a full old-age pension.
  • If your monthly income from sources other than work is more than NIS 18,042 but less than NIS 21,677  - you may be entitled to a partial pension or not be entitled to a pension at all. It all depends on your level of income and accumulated periods of insurance contributions.
  • If your monthly income from work is more than NIS 21,677  – you are not entitled to an old-age pension. 

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

  • If your monthly income from sources other than work is less than NIS 24,057 (the maximum income multiplied by 3) - you may be entitled to a full old-age pension.
  • If your monthly income from sources other than work is over than NIS 24,057 (the maximum income multiplied by 3) but less than NIS 29,652 - you may be entitled to a partial pension or not be entitled to a pension at all. It all depends and your level of income and accumulated periods of insurance contributions.
  • If your monthly income from work is more than NIS 29,652  – you are not entitled to an old-age pension. 

For a person who has a spouse under the Old-Age Insurance Law, and this spouse receives a pension from the NII: 

  • If your monthly income from sources other than work is less than NIS 24,057 (the maximum income multiplied by 3) - you may be entitled to a full old-age pension.
  • If your monthly income from sources other than work is over than {299082} (the maximum income multiplied by 3) but less than NIS 27,692 - you may be entitled to a partial pension or not be entitled to a pension at all. It all depends and your level of income and accumulated periods of insurance contributions.
  • If your monthly income from work is more than NIS 27,692  – you are not entitled to an old-age pension. 

For your information,
you can check your entitlement to an old-age pension based on your family composition and income by means of this simulator (Hebrew).

Please note,

If you are not entitles to an old age pension in the periodfrom retirement age to the age of entitlement to old age pension due to uncome not from work, you will not be entitled to a "pension deferral" increment for this period.