Pension rates

Updated to Jan 01, 2019

The basic old-age pension rate is NIS 1,554 for an individual and NIS 2,335 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 1,641 for an individual and NIS 2,422 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:

• Seniority increment (insurance)
• Pension deferral increment
• Increment for dependents - spouse or children
  

Monthly old-age pension rates (Updated to Jan 01, 2019)

* 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 492 . 
- The increment rate for a spouse is NIS 781 .