Economy · Full coverage
Should Israelis Take Pension at 60 or Wait Until 67?
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
100% center
Center 2
By ענת גלעד
What happened
Israelis aged 60 can now draw a pension while still working, but face taxes until age 67. A detailed analysis shows that after taxes, taking the pension at 60 may be financially advantageous for those with shorter life expectancies or immediate financial needs, while waiting until 67 benefits those who live longer.
- 01Pension can be drawn at 60, but is taxed until age 67.
- 02Taxes significantly reduce the net pension amount before age 67.
- 03The breakeven point for waiting until 67 is around age 84 after taxes.
- 04Life expectancy and personal financial circumstances are key decision factors.
- 05Survivor benefits and longevity risk also influence the choice.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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