611 Shekels Already on August 20 — Who Is Eligible for the Payment

Israel's National Insurance Institute pays child allowances on the 20th of each month. A family with three children receives 611 shekels monthly: 173 shekels for the first, fifth, and subsequent children, and 219 shekels for the second, third, and fourth. Enrollment is automatic, and money is deposited into the mother's account. Additionally, the 'Saving for Every Child' program provides a monthly contribution of 58 shekels, which parents can double.

Israel's National Insurance Institute (Bituach Leumi) transfers child allowances to families on a monthly basis. The payment is made on the 20th of each month. The amount of the allowance depends on the number of children in the family: for the first, fifth, and each subsequent child, 173 shekels per month are paid, and for the second, third, and fourth, 219 shekels. Thus, a family with three children receives 611 shekels per month, which amounts to about 7,330 shekels per year. In most cases, enrollment is automatic: the hospital transfers the data to the Institute, and the money is deposited into the mother's account. Parents do not need to submit an application, except in certain cases. In addition to the basic allowance, there is the 'Saving for Every Child' program, under which 58 shekels are transferred monthly to the child's savings account. Parents can increase this amount by directing another 58 shekels from the child allowance, thereby doubling the monthly savings. The system combines regular cash payments with long-term savings for the child's future.