Employers in Israel are legally required to remit monthly pension and study fund deposits using the standardized digital clearing interface (Mavne Achid) mandated by the Ministry of Finance.

Key Employer Pension Responsibilities:

  • Standardized Digital Clearance: Transmitting monthly XML clearing files to all institutional pension funds without errors.
  • Reconciliation of Rejections: Identifying and resolving unmatched employee pension deposits to prevent severe regulatory fines.
  • Severance Component Management: Managing Form 161 releases upon employee termination.

Our dedicated pension operations bureau manages complete monthly clearance and institutional reconciliation for employers.