8th Pay Commission: Central employees are waiting! How much will the salary increase after the implementation of the Eighth Pay Commission..
All central employees are currently getting DA hikes and salary hikes under the 7th Pay Commission. Now the employees are looking forward to the 8th Pay Commission.
No official information has been given by the government regarding the Eighth Pay Commission. But, according to media reports, the Eighth Pay Commission may be implemented in next year's General Budget 2025. Apart from this, according to media reports, the employees hope that after its implementation, the minimum salary may increase by 186 percent.
How much will the salary be
Currently, the basic salary of the employees under the 7th Pay Commission is Rs 18,000. After the implementation of the 7th Pay Commission, the salary of the employees increased by Rs 6,000. According to experts, after the implementation of the Eighth Pay Commission, the fitment factor maybe 2.86. It is expected to increase by 29 basis points. If the government implements the fitment factor 2.86, then the salary of the employees can increase by 186 percent to around Rs 51,480.
With the increase in the fitment factor, the pensioner along with the employees will also benefit. If it increases, then the pension amount will also increase.
Pensioners hope that after the implementation of the Eighth Pay Commission, the pension will increase by 186 percent to Rs 25,740. Currently, the pension amount is Rs 9,000. The pension will be Rs 25,740 when the fitment factor is 2.86.
When will the 8th Pay Commission be implemented?
There has been no official announcement of the implementation of the Eighth Pay Commission yet. However, according to media reports, it may be announced in the budget of the next financial year (Budget 2025-26). By the way, the employees had demanded the implementation of the Eighth Pay Commission in the last budget.
There is a meeting of the National Council in December this year. In this meeting, the implementation of the 8th Pay Commission can be made clear. Although this meeting was to be held in November, later it was postponed to December.
When was the 7th Pay Commission formed?
After the formation of the 7th Pay Commission, there was a tremendous increase in the salary of central employees. The 7th Pay Commission was formed in February 2014, but it was implemented on 1 January 2016. After the implementation of the 7th Pay Commission, the salary of the employees increased from Rs 7,000 to Rs 18,000.
Although a new Pay Commission is formed every 10 years. However, there is no official provision regarding this.