Positive updates for employees working for the Central government. In fact, the end of the wait for the 8th Pay Commission is approaching. Although the government has not made an official announcement, numerous media reports suggest that the 8th Pay Commission might be introduced in 2026. The employees can expect a substantial increase in both their salary and the pension received through the UPS under this Pay Commission.
Half of the pension is secure with UPS
Indeed, as part of the Unified Pension Scheme to be rolled out in 2025, central employees will receive half of their average salary as pension after they retire. This implies that the retiree will receive half of their average salary from the last year as their monthly pension. Currently, it is probable that the UPS pension will expand, especially with upcoming modifications to salary and pension through the 8th Pay Commission.
UPS will experience alterations following the 8th Pay Commission
A new fitment factor will be introduced under the 8th Pay Commission to enhance the salaries and pensions of workers. In the 7th Pay Commission, the fitment factor was 2.57, but it is anticipated to be 1.92 in the upcoming 8th Pay Commission.
Nevertheless, certain media reports suggest that the government may raise the fitment factor to 2.86 on this occasion. In this scenario, employees’ minimum salary could jump from Rs 18,000 to Rs 51,480, leading to a potential increase in pension from Rs 9,000 to Rs 25,740. Based on this, the pension received through UPS may also see growth.
