8th Pay commission News: As the 7th Pay Commission is about to complete 9 years and enter the final phase of its tenure (as past Pay Commissions have typically lasted 10 years), there is a lot of buzz surrounding the formation of the 8th Pay Commission. Around 1.2 crore central government employees and pensioners are eagerly awaiting two key updates: when the government will announce the formation of the 8th Pay Commission and what the expected hike in pensions and salaries will be for central government staff.
As for the timeline for setting up the 8th Pay Commission, the Centre has not made any official commitments so far. However, several media reports have speculated that the 8th Pay Commission will soon be formed, based on the historical trend of governments setting up a Pay Commission approximately every 10 years. According to this assumption, it is expected that the new Pay Commission will be formed after the term of the 7th Pay Commission ends on December 31, 2025.
Also read: 8th Pay Commission Formation: ‘Time apt for announcement…govt will take decision’ – Key takeaways from Staff Side-govt meeting
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Similarly, there have been several speculative media reports suggesting a likely new fitment factor, and based on this, projections for the hike in salaries and pensions of employees and pensioners. The pay scales of central government staff are revised under each Pay Commission by applying a fitment factor. For example, under the 7th Pay Commission, employees’ salaries were revised using a fitment factor of 2.57. However, employee unions had demanded a fitment factor of 3.67.
What is expected fitment factor for deciding minimum salary under 8th Pay Commission?
According to a report by NDTV, Shiv Gopal Mishra, Secretary (Staff Side) of the National Council of Joint Consultative Machinery (NC-JCM), is expecting a fitment factor of “at least 2.86” for the revision of salaries and pensions. Based on this fitment factor, the minimum basic salary of a government employee would rise to Rs 51,480, up from the current minimum salary of Rs 18,000.
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