Social Security: Are you eligible for a grant for the unemployed...

The Ministry of Finance today (Sunday) distributed a draft agreement for public comments, according to which grants will be given to the unemployed for integration into the employment market after a long period of unemployment due to the outbreak of the corona virus. The Ministry of Finance explained that “in light of the corona crisis and the economic situation that followed, the Minister of Finance decided to provide one-time assistance to those who were unemployed for a long period following the outbreak of the corona virus and give him a grant of 2,000 shekels.”

Anyone who has been paid unemployment benefits for a period of at least 100 days of employment, whether consecutive or not, from March 1, 2020 to October 17, 2020, will be entitled to the grant, the Ministry of Finance emphasized, provided his pre-crisis fixed salary The average daily in the economy.
According to the draft agreement, spouses who are both entitled to a one-time grant will each be entitled to a supplement to the grant in the amount of NIS 500. The payment will be transferred by the National Insurance Institute directly to the bank account to which the unemployment benefit is paid.

Prime Minister Netanyahu on approving the grants programIn addition, in order to help the unemployed after a long period of unemployment return to the employment cycle, the Minister of Finance decided to give a grant to an employee who returns to work after October 17, 2020 and was unemployed for 100 days before for which he received unemployment benefits. The grant will be given after a long period of unemployment to those returning to work at a lower wage than those who worked in it before their unemployment. The grant will be given for four months and depending on their new salary. The amount of the grant can reach thousands of shekels.

The Minister of Finance, Israel Katz, commented on the plan and said: “I have decided on these important steps to help those who are unemployed for a long time and erode their income due to the length of the closures to go through the difficult period “In addition, it will help the self-employed, employees and business owners. At the same time, I will continue to fight for a rapid return of trade and all activity in the economy, in order to return the Israeli economy to full activity.”

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