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Old Age - Pension rates

Updated to Jan 01, 2017

The basic old-age pension rate is NIS 1,531 for an individual and NIS 2,301 for a couple (the pension rate for a couple is composed of a pension for an individual plus an increment for the spouse). The basic old-age pension rate for those aged 80 or older is NIS 1,617 for an individual and NIS 2,387 for a couple.
If each spouse separately meets the conditions of entitlement to an old-age pension, each of them will receive an individual pension.

The following increments are added to the above amounts:

Monthly old-age pension rates (Updated to Jan 01, 2017)

Rate​Family composition
NIS 1,531 For an individual
NIS 1,617 For an individual aged 80 or older
NIS 2,301 For a couple (the pension for a couple is composed of a pension for an individual plus an increment for the spouse)
NIS 2,387  For a couple when the pension recipient is aged 80 or older
NIS 2,015 For an individual + 1 child
NIS 2,785 For a couple + 1 child
The increment for the child is paid to only one of them 
NIS 2,499 For an individual + 2 or more children* 
NIS 3,269 For a couple + 2 or more children* 

* The increment for a child is paid for the first 2 children only.

- The increment rate for each one of the two children is NIS 484 . 
- The increment rate for a spouse is NIS 770 .

 
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