"Salary of soldiers in mandatory service will increase by 50% - from 2026 men will serve 24 months"

The agreement, which of course also includes agreements on the defense budget for the next five years, settles most of the salary, pension and mandatory service disputes that have accompanied the Treasury and the IDF since the agreement on the transition of the permanent personnel to an accumulated pension was signed in 2004. These are the main points of the agreements.
Mandatory service structure: Men's mandatory service will be shortened to 24 months (there is no change in women's mandatory service) — starting in July 2026. July 2024 recruits will be released from service in July 2026. However, the shortening is at the military's discretion. There will be soldiers who will be required to serve up to 32 months. On average, male soldiers will serve 28 months. Thus, all fighters will probably be required to serve 32 months, as will soldiers in professions that require a long period of study and experience.
The salary of the conscript soldiers, in an attempt to increase the prestige of the mandatory service, will be increased by 25% next year, and by an additional 25% in 2025 (cumulative salary increase of 50%) beyond two years of service. Meaning, the salary will increase for all soldiers from the 25th month of their service onwards. In the next two years, this means that all male soldiers, who currently serve 32 months, and also women who serve for more than two years, will benefit from this salary increase in the last months of their service.
With the shortening of the service in July 2026, only the soldiers who will be required to serve 28-32 months will receive large salary increases for each additional month (from the 25th month). The additions will be about NIS 2,000 per month for rear-line soldiers (there will be a few), about NIS 2,500 per month for combat supporters - and about NIS 3,000 per month for fighters until the 28th month, and NIS 3,500 per month until the 32nd month. At the end of their service in 2026, the salary of combat soldiers will reach approximately NIS 6,800 per month.
The structure of the bridging pension for the permanent workers: the average retirement age of the permanent workers will drop back to 43 (minimum retirement age of 42), and they will receive a bridging pension from the state from age 43 to 60. From age 60 the insurance company will pay the accrued pension to the permanent workers, but the Treasury agreed to make sure that they will not be harmed and that their pension will not decrease between the ages of 59 and 60.
Therefore, the state will compensate each retiree for the damage to his monthly pension - with the transition from a bridging pension under the responsibility of the state, to an accumulated pension under the responsibility of the insurance company. The compensation will be full monthly compensation, for the rest of the retiree's life, but this is on the condition that the total amount of compensation does not exceed the cost of paying a bridging pension until age 67. The agreement is a kind of compromise between the Treasury's insistence that the bridging pension stop being paid at age 60, and the army's demand that it Will be paid until age 67.
It is not clear what the amount of compensation will be that the state will have to pay retirees for 60-67. The compensation will be paid as a one-time sum, and it is estimated that it will be between 100 thousand and 1.5 million shekels per retiree. The vast majority of retirees will receive compensation. From the state's point of view, this is a saving of about 10% compared to the situation where the mediation pension was paid until the age of 67.