Is pension paid from the first day of employment in Israel?

Employees have three months to open their pension account and provide Remote with the pension details. Employees who are recent graduates or new migrants living in Israel, usually have no existing pension account. In this case, our insurance broker can walk you through the process of opening an account.

By the 4th month, we will begin deducting pension contributions (no retro needed). Employees with existing pension accounts who did not provide their pension details after 3 months:

• We will deduct their pension contribution on the 4th month + retro the previous 3 months