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National Insurance (Bituach Leumi)

2024 Minimum Wage and National Insurance Increases

The minimum wage is expected to jump to NIS 5,880 in April 2024, the National Insurance benefits will also increase. The minimum wage is expected to increase by 5.6% in April 2024, up NIS 308.25 from 5,571.75to NIS 5,880 per month. In addition, the National Insurance benefits will be adjusted already this month (January) in accordance with the Consumer Price Index increase and the average wage in the economy, depending on the type of benefit. These are significant increases in both

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