Pension rates


Monthly old-age pension rates

Rate​Family composition
NIS 1,596 For an individual
NIS 1,686 For an individual aged 80 or older
NIS 2,398 For a couple (the pension for a couple is composed of a pension for an individual plus an increment for the spouse)*
*NIS 2,488  For a couple when the pension recipient is aged 80 or older
NIS 2,101 For an individual + 1 child
NIS 2,903 For a couple + 1 child
The increment for the child is paid to only one of them 
NIS 2,606 For an individual + 2 or more children**
NIS 3,408 For a couple + 2 or more children** 

* If both spouses meet, separately, the pension eligibility conditions, each one of them ill receive a pension for an individual.
** 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 505
- The increment rate for a spouse is NIS 802 .

Pension increments

The amount of the pension is augmented by the following increments:

Seniority increment

An increment of 2% of the pension for each full year of insurance you have accrued. The maximum seniority increment that may be received - 50%.

Is deemed a full year of insurance: 12 months consecutive or not.

To learn more about the seniority increment, click here.

Pension deferral increment

An increment of 5% of the pension (including the seniority increment) for each year the payment of the pension was deferred due to income from work, between retirement age and the age of entitlement to old-age pension.

This increment is paid in cases of ineligibility for old-age pension due to work income  or when, due to work income, the insured person is only entitled to a partial old-age pension and waived to receive of the pension.

To learn more about the pension deferral increment, click here.

Increments for a spouse and children

A recipient of an old age pension may be entitled to an increment for the spouse and children of the pension recipient. This increment will be paid only to a person who meets the definition of "spouse" or "child" in the National Insurance Law.

  • Increment for children - an increment of NIS 505 per child, only paid for the first two children.
  • Increment for a spouse - NIS 802

To learn more about the increment for a spouse and children, click here.

Deductions from the pension

Health insurance contributions

From your old-age pension are deducted health insurance contributions amounting to NIS 205 per month for an individual and NIS 295 per month for a couple. In case you are also entitled to an income supplement, this benefit will be subject to the health insurance deduction amounting to NIS 106 per month (for both an individual and a couple).

Important:

  • For a salaried employee who receives an old-age pension - if your employer deducts health insurance contributions from your salary, you must notify the employer to stop that deduction.
  • For a female spouse working as employee - If you receive a pension increment a female spouse, health insurance contributions for a couple will be deducted from the couple, even if the spouse is working as a salaried employee.
  • For a female spouse receiving a pension for herself - If you do not receive a pension increment for a spouse, because she is receiving a pension from the National Insurance, health insurance contributions for a couple will be deducted from your pension.
  • Health insurance contributions are not deducted from a married woman's old age pension. And for a widow receiving a benefit for dependents of a work-injury victim or a full survivors' pension, health insurance contributions will be deducted from the second benefit.

Debts to the National Insurance Institute

The National Insurance Institute is entitled to deduct a debt from your allowance in the following cases:

  • Debts for insurance contributions - if there is a debt on insurance contributions, the old-age pension will either not be paid or paid for a reduced amount (depending on the amount of the debt and delay of payment) until the debt is fully settled with our Collection Department.
  • Debt incurred due to advance payments you have received on the pension or for other benefits
  • Payments made by mistake or illegally
  • Alimony or child support you are due under a court ruling (the National Insurance Institute is entitled to transfer or seize one's old-age pension to pay alimony or child support).

Pension and insurance contribution rates updated as of Jan 01, 2022.