Cabinet approves 50% pay hike for conscripted soldiers

idf soldiers
idf soldiers

The increase for Israel Defense Forces soldiers will go into effect this month.

The cabinet today unanimously approved a proposal by the Minister of Finance to raise the salary for soldiers doing compulsory service by 50%.

The Prime Minister and Minister of Finance said that the increase would become effective in December, and that there would be further increases in the future.

The monthly pay for combat soldiers will rise from NIS 1,077 to NIS 1,616, the monthly pay for a solders in combat support positions will rise from NIS 784 to NIS 1,176, and the monthly pay for soldiers in other positions will rise from NIS 540 to NIS 810.

Opening the cabinet meeting, Prime Minister Benjamin Netanyahu said, "There is no better opportunity than now, on the eve of Hanukah, to increase the pay for soldiers doing compulsory service. The bottom line is that our lives depend on the shield provided by IDF soldiers, and I am glad that there is agreement here between the Minister of Finance, the Minister of the Defense, and the Prime Minister.

"I assume and am confident that all the government ministers will take part in raising the pay of IDF soldiers it is necessary, just, and correct, and there can be no better gift for Hanukah."

Published by Globes [online], Israel business news - www.globes-online.com - on December 6, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

idf soldiers
idf soldiers
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