Pension Fund
Retirement savings: tax-deductible contributions, tax-free growth, taxable annuity at retirement. For employees, the employer contributes a significant share.
Managers Insurance (Bituach Minahalim)
A legacy pension product with high fees and indexation. In most cases transferring the balance to a pension fund or Gemel saves percentage points per year.
Category
Pension & Savings
Hebrew
ביטוח מנהלים
English
Managers Insurance (Bituach Minahalim)
Related terms
Pension Management Fees
The annual percent charged on your pension balance. Every 0.1% saved over a 30-year career is worth tens of thousands of shekels. Negotiable — and worth negotiating.
All terms in this category
Keren Hishtalmut (Study Fund)Gemel Lehashkaa (Investment Provident Fund)Pension FundPension Management Fees
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