Pensions of 44 thousand shekels - who in Israel receives a fortune

Israel's budgetary pension liabilities reached 723 billion shekels in 2025. The system, which guaranteed civil servants payments of up to 70% of their last salary, continues to be a costly burden on the budget. The average pension for former judges reaches 44 thousand shekels per month, while for education workers it is about 8 thousand. Costs will only begin to decline from the mid-2030s.

Israel's budgetary pension liabilities reached 723 billion shekels in 2025 — 7 billion more than the previous year and 123 billion more than in 2013. These are pensions that the state guaranteed to previous generations of public sector workers before the reform of the early 2000s. Unlike the modern funded system, payments come directly from the budget. The pension amount could reach 70% of the last salary. The system covered education, healthcare, security forces, and large state-owned enterprises. New workers switched to the funded model, but old conditions remained. The average budgetary pension for former judges reaches 44 thousand shekels per month, for education workers about 8 thousand, for healthcare about 9 thousand. Retired non-commissioned contract soldiers receive about 15.2 thousand, career officers about 19.4 thousand. Former prosecutors receive an average of about 16 thousand shekels. The situation will begin to change from the mid-2030s, when workers hired under the funded model will massively reach retirement age.