Tachles Israel is an independent information service, not a government authority. Check binding conditions, eligibility and deadlines with the official source.
Before you start
Fund severance, employer top-up and tax are distinct.
Who is this guide for?
Employees ending employment.
Circumstances, agreement and relevant pay govern; last-salary formula is not universal.
The checklist
Collect termination/terms
Employment records.
Resignation and dismissal routes can differ.
Check calculation inputs
Calculation.
Net multiplied by years is not an entitlement determination.
Compare fund component
Fund report.
Returns affect balance; balance is not always top-up.
Check form 161 reporting
Form 161/report.
Tax form does not prove all rights paid; do not withdraw merely on receipt.
Request final calculation
Replies/demand.
Payment receipt does not explain all tax consequences.
Official sources
These links let you check with the responsible authority. The website's verification date does not guarantee that every detail has remained up to date since then.
Frequently asked questions
Is the fund severance balance always everything owed?
Not necessarily. Check agreement, termination, covered period and employer top-up.
Reports help us check and update guides.