8th Pay Commission Update: If you yourself are a government employee or any member of your family is in a government job, then this news is useful for you. A few days before the presentation of the general budget in Parliament, the Union Cabinet headed by Prime Minister Narendra Modi has approved the formation of the 8th Pay Commission. After its announcement, central government employees and pensioners are waiting to know when the new pay commission will be formed?
What will the 8th Pay Commission do?
The Eighth Pay Commission will review the salary, allowances and other facilities of central employees and pensioners. This can lead to a possible increase in salary. More than one crore government employees and pensioners of the central government will benefit from this. Some media reports are claiming that the new pay commission can recommend salary hike on the basis of fitment factor 2.57.
Financial impact will be seen in the budget of the year 2026-27
Talking to TOI about the Eighth Pay Commission, Expenditure Secretary Manoj Govil said that the Pay Commission will not have any financial impact in the next financial year 2025-26 (FY 2025-26). He told that in the financial year starting from April 1, there will be no extra financial burden on the government due to the Pay Commission. After the formation of the commission, it will take time to prepare its report, which will have to be processed by the government. Therefore, the financial impact will be seen in the budget of the year 2026-27.
When will the commission be formed?
According to Manoj Govil, the 8th Pay Commission can be formed in the next two months i.e. by April 2025. For this, the views of the Home Ministry, Defense Ministry and Department of Personnel and Training (DoPT) have been sought. After getting suggestions from these departments, the scope of the commission (Terms of Reference – TOR) will be decided and approval will be taken from the Cabinet.
New Pay Commission every 10 years
Let us tell you that the Central Pay Commission is formed once every 10 years. Its purpose is to review the salary, allowances and other facilities of the employees. For this, points like inflation rate, economic condition and government financial condition are kept in mind.
When was the 7th Pay Commission formed?
Earlier, the 7th Pay Commission was formed on 28 February 2014 during the tenure of the then Prime Minister Dr. Manmohan Singh. The Commission submitted its report on 19 November 2015, which was implemented from 1 January 2016.
Expectations of Government Employees
Central employees and pensioners hope that their salary and other allowances will improve through the 8th Pay Commission. If the commission is formed by April 2025, then the new salary structure is likely to be implemented in 2026-27.
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