Pension

The general disability pension is intended for individuals whose health condition limits their ability to work. The National Insurance Institute explains eligibility criteria, the application process, medical board procedures, and how to combine the pension with employment.

The new agreement introduces fixed salary additions recognized for pension purposes, non-absence incentives, and excellence grants for eligible staff. The Ministry of Defense Director General stated that the ministry is transitioning to a stable and modern model, replacing fragile premiums with solid, pension-protected salary components.

Discount Bank conducted a calculation showing how a small gap in the fund's earnings leads to a huge difference in the money you will receive upon retirement. Data from the Capital Market Authority confirms: the gaps between management bodies are real.

Following an advertising campaign claiming that agents' recommendations are influenced by commissions, the Chamber has filed a sharp demand to the Capital Markets Authority and the insurance agency. All the details on the conflict shaking the market.

A quiet move in the pension funds of the Israeli public is leading to a jump of hundreds of percent in monthly payments. Who are the savers affected immediately, how do insurance companies exploit the law, and how can you protect yourself?

About half of Israel's senior citizens live without a pension, and tens of thousands continue to work at an advanced age: the shuttle driver who returns to the road after two surgeries, the security guard who travels every evening from the north to the center, and the 75-year-old factory worker. "People don't work at these ages because they are bored. They work because they have no choice."

The Ministry of Finance salary report reveals: an IDF officer retires with an average pension of 20,000 shekels per month and an accumulated pension of 9 million shekels, while a Major General receives about 73,000 shekels per month. The average pension in the IDF is far from the target set by law; Shin Bet and Mossad employees lead the table, women remain behind.

A Russian word surged by 1,000% to the top of hot searches in Israel, against the backdrop of reports on pension increases in Russia starting in September. However, an examination of the agreement with Israel reveals that one of the prominent benefits — doubling the fixed component for those aged 80 and over — is not paid to pension recipients living in Israel. At the same time, thousands of...

In every decade, there is one action that has more impact than the rest, and one decision that becomes impossible if you wait. A practical guide by life stage, including the 2.1 million shekel difference between a saver who started at 25 and one who started at 35.

A conversation with Ela Alkalay, Chair of IBI Mutual Funds and social activist. We discuss the rule of thumb for a worry-free retirement, the population group at greatest risk, and pension contributions that started as a smart idea but got out of control. How to prepare for retirement even at age 40? A new series.

Even if you are just about to retire, or have already retired, there are still ways you can maximize the monthly allowance you receive. On the order in which it is correct to withdraw from savings channels, how it is possible to hold two advanced training funds (Keren Hishtalmut), and also why if you are still working, you should not rush to withdraw your pension allowance. Advice ahead of...

A 55-year-old man was arrested after police discovered the body of his 90-year-old father in the basement of a closed hotel he owns. Following inconsistencies regarding the father's disappearance, a search of the property led to the discovery of the body.

A worker and their employer may transfer over a million shekels to the state throughout their career, but the National Insurance Institute distributes old-age pensions amounting to only a few thousand shekels. We explain how this mechanism works and why it is not a personal savings account.

A British court has sentenced 60-year-old Christopher Phillips to two years and four months in prison. He kept his mother's body in a freezer for nearly three years while continuing to collect her benefits.

The management of yes, the workers' committee, and the National Federation of Labor have signed an extension of the collective agreement through the end of 2026. The deal includes a salary increase of up to 3% and improved pension contributions.

Transitioning to retirement requires a shift from an accumulation paradigm to a withdrawal one. There are two primary mechanisms: the lifetime pension annuity and the 'annona' (regular withdrawal). Experts explain the differences in taxation, flexibility, and risk, helping retirees balance guaranteed income with control over their capital.

The Ministry of Finance is exploring a reduction in mandatory pension contributions to increase net salaries and cover the war-induced budget deficit. Experts warn this could jeopardize the financial security of future retirees.

The National Insurance Institute (Bituach Leumi) has announced the distribution date for long-term allowances. On July 28, eligible recipients, including pensioners, individuals with disabilities, and those receiving long-term care benefits, will receive their payments.