The recipient of an early pension who is also an employee

Definition / conditions

1. He meets the definition of pensioner.
2. He meets the definition of salaried employee.

Impact on insurance contributions payment

• As a salaried employee, he has the obligation to pay insurance contributions based on his salary up to maximum income liable for the payment of insurance contributionsThe amount of maximum income on which insurance contributions are paid. Insurance contributions are not paid on any income that is above this maximum. The maximum is updated every year in accordance with the rate of the rise in the Consumer Price Index. , NIS 49,030 (as of Jan 01, 2024).
• As a pensioner, until January 31, 2004, he has the obligation to pay insurance contributions based on hlf his pension. As of February 2, 2004, his obligation is based on the full amount of his pension.

Coordination of insurance contributions