New Delhi. More than one crore central employees and pensioners of the country are waiting for the formation of the 8th Pay Commission. All eyes are on Prime Minister Narendra Modi as to when he will announce the commission which will submit its report to the central government regarding the increase in salary and pension.
The 8th Pay Commission is to be implemented from January 2026 and before that the commission will submit its report. In such a situation, the question arises that if the 8th Pay Commission is formed and recommends increasing the salary and pension, then how much will the salary of central employees increase.
Although no official announcement has been made by the government regarding the 8th Pay Commission yet, but it is being speculated that the government may announce it in the general budget to be presented on February 1, 2025. After the formation of the commission, it will send its report to the central government regarding the increase in salary and pension in view of the current economic situation of the country and the state of the economy, on which the final decision will be taken by the government.
Demand to increase fitment factor:
Media reports have said that the National Council of the Joint Advisory Committee has also demanded the government to increase the fitment factor with the 8th Pay Commission. The rate of fitment factor in the 7th Pay Commission was 2.57, which is being demanded to be increased to 2.86 this time. Pay commission is implemented on the basis of fitment factor and salary and pension are increased.
How much will the salary increase with the new fitment factor?
If you look at the calculation of the 7th Pay Commission, you will find that before its implementation, the minimum basic salary was only 7 thousand rupees. In the 7th Pay Commission, the fitment factor was made 2.57, after which the minimum basic salary increased to 18 thousand rupees. This means that the earlier basic salary of 7 thousand rupees was increased by 2.57 times to 18 thousand. Similarly, if the fitment factor is made 2.86 in the 8th Pay Commission, then the minimum basic salary will increase from 18 thousand to 51,480 rupees. This means that the salary can increase by about 3 times.
Big increase in pension too
With the implementation of 8th pay commission, like salary, there will be a huge increase in pension too. Currently, the minimum pension is 9 thousand rupees, which will increase to 25,740 rupees according to the fitment factor of 2.86. Keep in mind that this calculation is only for minimum basic salary and pension. Along with basic salary, employees will also get the benefit of dearness allowance i.e. DA and the actual salary will be much more than this.
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