Social benefits on your payslip: the complete guide

Every employee in Israel is entitled to paid annual leave. The number of days you receive is not fixed; it increases as your seniority at the workplace grows.

• What appears on the payslip? A "balances" table usually appears near the bottom of the payslip and shows the amount accrued this month, the amount used this month, and the final balance.
• Vacation redemption: This is a payment you receive for unused vacation days, but only when your employment ends.
• What does it depend on? Your position scope, seniority, and personal or collective agreements.

In most cases, vacation days can be carried over from one year to the next with the employer's approval.

Employees are entitled to accrue 1.5 sick days for every month worked, for a total of 18 days per year, up to a maximum accumulation of 90 days.

• Payment under the law: The first sick day is at the employee's expense and is unpaid; the second and third days are paid at 50% of salary; from the fourth day onward, 100% of salary is paid.
• A child's or spouse's illness: You may also use your sick days to care for an ill family member, subject to the limits set by law.

Despite its old-fashioned name, Dmei Havra'a (recuperation pay) is a cash payment like any other.

• When do you receive it? After completing at least one year of work. It is usually paid once a year, between June and September, but it may also be spread across monthly payments, as shown on the payslip.
• How much do you receive? The number of days is determined by seniority, starting with 5 days for the first year in the private sector. The value of a recuperation day is updated annually under the law. As of 2026, one recuperation day is worth NIS 418 (418 ש"ח) in the private sector and NIS 471.4 (471.4 ש"ח) in the public sector.

If you serve in the military reserves, your employer continues to pay your regular salary and receives reimbursement from Bituach Leumi (ביטוח לאומי; National InsuranceA contract under which an insurance company undertakes to compensate the insured in the event of damage in exchange for a periodic payment.).

• The calculation: Compensation is based on your average salary during the three months before your service and the number of reserve-duty days.
• What to check: Make sure all salary components were included in the claim submitted to Bituach Leumi, and that you received all your rights and social contributions for the reserve-duty period as well.

Payslips are very important documents, and it is advisable to keep them for a long time.

A payslip is not just a piece of paper; it is legal and financial proof:

• For Bituach Leumi: To prove periods of employment and eligibility for benefits.
• For the bank: To obtain a mortgageA long-term loan for purchasing a property, with the property serving as collateral for the bank. or loan; banks will always ask for the 3 most recent payslips.
• Tax refunds: Tofes 106 (טופס 106; Form 106) is the key to receiving money back from the state.
• PensionA monthly payment made to a person after retirement from work in order to help maintain their standard of living. monitoring: It is the only way to make sure the amounts deducted from your payslip actually reached your pension fundA savings vehicle based on mutual risk sharing that includes insurance coverage in cases of disability or death..

You do not need to keep physical copies of your payslips. You can store them in a digital folder, backed up of course.