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 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 .