There are several things to take into account before discarding your payslips:

1. Make sure  you have your annual 106 form, which is a proof of employment for tax, social security and any other official purpose.

2.  The law for outdated material is 7 years, so keep at the very least your last 7 years' payslips.

While some people find it tideous to keep payslips on file, I personally recommend keeping them all for the following reasons:

1. You never know when you may need a specific payslip (registration of a child in a day care center usually requires this)

2. If there is any discrepancy between social benefits deducted from your payslip as opposed to what has actually been transferred by your employer to the funds, month by month. (Although you are supposed to receive an annual statement from the fund - you may need to prove after comparing against your payslips, in order to demand the difference. The annual 106 form will list the accrued annual deductions but will not have a month by month breakdown.

3. Social security (Bituach Leumi) is not always updated correctly as to your place of employment and the months you worked. In order to avoid any possible setbacks in stipends applied for (most notably "old age stipend")  such as demands for back-pay for credits towards social security for supposedly unemployed  months that you actually worked for but somehow are missing from the social security files.

4.  Israel, being a very unique place in terms of labor laws, employee rights, etc that are often changed - you can always throw them out later.

 Moshe

For additional information or consultation contact me at:

myegtal@gmail.com