8th Pay Commission Latest Update: If you are also a central government employee or pensioner, then this news is for you! The demand for the 8th Pay Commission has been going on for the last year to provide better salaries and pensions to government employees and pensioners! Employee unions have also talked to the government about this! However, there is no confirmation about this yet! Some media reports suggest that the 8th Pay Commission could be ready by January 1, 2026!
8th Pay Commission Latest Update
The central government constitutes a new pay commission for employees every 10 years! Only the commission’s advice guides changes in the salary structure of government employees! On January 1, 2016, the current 7 Pay Commission came into effect! This indicates that the government expects to implement the next pay commission on January 1, 2026, precisely 10 years later! If the government implements it by January 2026, then it will be necessary to form a commission for this!
What changes did the 7th Central Pay Commission implement?
The Government Employees Union had demanded the adoption of a special method to increase the fitment factor to 3.68, thereby increasing the salary of all employees! However, the government has decided to make it 2.57! Salary and pension calculations are based on the fitment factor! After this decision, the lowest salary in the sixth pay commission increased from Rs 7000 to Rs 18000! Similarly, the minimum pension increased from Rs 3500 to Rs 9000! The highest salary was Rs 2,50,000, and the highest pension was Rs 1,25,000!
8th Pay Commission Latest Update
Financial Express reports that maintaining the fitment factor at 1.92 could lead to a salary increase for employees in the eighth pay commission! If this happens, the minimum salary will increase to Rs 34,560! Similarly, retired employees will receive a higher pension than before! It can increase to Rs 17,280!
What is the Employee Fitment Factor?
Government employees use the fitment factor to calculate their salaries and pensions! In simple words, it is a number by which the basic salary of the employee increases when multiplied! It also determines his total salary! The formation of a new pay commission brings about a shift in this aspect! This change increases the basic salary of employees, as well as their other allowances!