By Goldfus | 31st January 2018 | Obligatory Pension, Self Employed | Like |
As of 2017, Atzmaim (self-employed) are obligated to make pension contributions. In addition, they are entitled to other social benefits such as Keren Histalmut. The breakdown of contributions for the 2018 tax year can be found below.
How much am I obligated to contribute?
By Goldfus | 25th January 2017 | Obligatory Pension | 1 |
By Hani Noiman, Director of Pension Department, Goldfus Insurance
In 2008 new regulations were fixed obligating employers to contribute into a compulsory pension account (policy or fund) for their employees. These regulations (known as Pensiat Chova/Tzav Haharchava) state that the contributions would increase every year on a sliding scale until 2013.
By Goldfus | 25th January 2017 | Obligatory Pension | 2 |
by Danny Newman, Branch Manager – Beit Shemesh, Goldfus Insurance
Approximately 12.5% of the current work force in Israel (the equivalent of approximately 400,000 people) are self-employed, neither having an enforced contribution to pension savings, nor an employer paying contributions as a regular salaried employee has.
