8th Pay Commission: The 8th Pay Commission may soon be announced by the Modi government. Discussions have started regarding the 8th Pay Commission. Government employees have been waiting for a long time for possible changes to their salaries and pensions.
Remember, we implemented the 7th Pay Commission in January 2016. Given these circumstances, we anticipate the implementation of the 8th Pay Commission within a year and a half.
Government employees are making recommendations to the 8th Pay Commission. Implementation of the 8th Pay Commission can begin in January 2026.
The implementation of the 8th Pay Commission will bring numerous benefits to employees. Today, we will discuss the potential salary increases for employees following the implementation of the 8th Pay Commission.
How much will the salary increase?
About 1 crore employees will benefit from the implementation of the 8th Pay Commission. It has approximately 49 lakh employees and 68 lakh pensioners.
Following the implementation of the 8th Pay Commission, the employees’ fitment factor will rise, leading to an increase in their salary. The fitment factor will also aid in calculating the employee’s salary and pay matrix.
The 7th Pay Commission introduced a 2.57 times fitment factor, leading to a 14.29 percent increase in the minimum salary of employees. After this increase, the basic salary of the employees became around Rs 18,000.
According to the latest media reports, the fitment factor in the 8th Pay Commission can be around 3.68 times. However, the 8th Pay Commission has not officially released any information.
important 5 points
Media reports suggest that the 8th Pay Commission will likely form in 2025, with implementation expected in 2026.
There will be a significant salary increase for employees.
The Integrated Pension Scheme, which will see an increase in the pension amount, will also benefit from the 8th Pay Commission.
We expect the 8th Pay Commission to introduce a revised pay matrix.
The fitment factor, which determines the salary hike, is likely to be higher than the previous pay commission.