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Ongoing Story· Day 72

Israel's National Insurance Institute Advances September Payouts for Holidays

5 developments

IceEconomy

National Insurance Payments Arrive Early for Many Israelis This November

Translated & summarized from Ice by baba

BusinessNeutral tone

Hebrew · 1 newsroom

Hundreds of thousands of Israelis will receive National Insurance payments throughout November, with unemployment and subsistence benefits disbursed on the 12th. Child allowances and savings contributions are due on the 20th. The largest payment, including disability and old-age benefits, was moved from Saturday, November 28th, to Sunday, November 29th, due to the weekend closure of banking systems.

The story in 6 lines · by baba

  • Unemployment and subsistence benefits were paid to Israelis on November 12th.
  • Employers and self-employed must report and pay insurance dues by November 15th.
  • Child allowances and savings contributions are scheduled for November 20th.
  • The largest National Insurance payment was moved to November 29th due to a Saturday deadline.
  • November payments include disability, old-age, and survivor benefits.
  • Maximum monthly unemployment benefit can reach 13,769 shekels gross.

Hundreds of thousands of Israeli households relying on National Insurance payments will see significant disbursement dates in November. Key payments, including unemployment benefits and subsistence allowances, were scheduled to arrive on November 12th. These benefits are designed for individuals who have lost their jobs and meet the required eligibility period, with amounts calculated based on age and previous earnings, potentially reaching up to 13,769 shekels gross per month. Additionally, income support benefits for individuals and families below a basic subsistence level or unable to work for various reasons will also be disbursed.

Employers and self-employed individuals are reminded that November 15th is the deadline for reporting and paying national insurance and health insurance contributions for October. Timely payment prevents fines and ensures the continuity of insurance rights for workers.

On November 20th, payments for child allowances and the "Savings for Every Child" program will be issued. Child allowances are approximately 173 shekels for the first child and 219 shekels for subsequent children up to the fourth. The state also contributes about 57 shekels monthly per child to a designated savings plan or provident fund, with parents having the option to double this amount from the child allowance.

The largest disbursement of National Insurance payments, totaling billions of shekels, has been slightly delayed. Typically due on the 28th of the month, the November payment will be made on the 29th because the 28th falls on a Saturday, when interbank clearing systems are closed. This major payment includes disability benefits (general disability, special services, and child disability), old-age and survivor pensions, and benefits for work accident victims, alimony recipients, and former prisoners of Zion. Recipients are advised to check their bank accounts and contact the National Insurance Institute via their website or phone center if they encounter any issues.

IceOther · Tel Aviv

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