8th Pay Commission is expected to bring significant changes to the salaries of Central Government employees and pensioners. With the introduction of a new fitment factor, this commission could result in substantial salary hikes, aiming to improve financial well-being and adjust for inflation
8th Pay Commission Salary Increase News: Central Government employee & a pensioner, are awaiting for next salary increment under 8th Pay commission. The unions for Central government employees have been demanding for the 8th Pay Commission since last one year. There is no confirmation regarding this given by the government yet. According to the media reports, it is expected that the Eighth Pay Commission can be ready by January 1, 2026.
However the calculation for salary increase under 8th Pay commission can be done under ‘New Fitment Factor’. When the 7th Pay Commission was implemented in the year 2016, the fitment factor was fixed at 2.57 based on the recommendation. The minimum wage on its base is still Rs 18000. Now it is expected that after the completion of 10 years, the rules relating to a fitment factor will also be re-applied.
8th Pay Commission Salary Increase Calculation
After every 10 years a new pay commission is constituted by the Central Government & the salary structure of government employees is revised only as per the recommendations of these Commission.
The Government Employees Union had demanded a special method to increase the salary by increasing the fitment factor to 3.68. But the government increased it to 2.57. Fitment factor is a method of calculation by which salary and pension are calculated. After this decision, the lowest salary of the Sixth Pay Commission was increased from Rs 7000 to Rs 18000. Similarly, the lowest pension was increased from Rs 3500 to Rs 9000. The highest salary became Rs 2,50,000 and the highest pension became Rs 1,25,000.
8th Pay Commission Expected Salary Increase
According to the Financial Express report, the fitment factor can be kept at 1.92 to increase the salary of employees in the 8th Pay Commission. If this happens then the minimum wage will increase to Rs 34,560. Similarly, the retired employees will also get more pension than before, which may increase up to Rs 17,280.
Fitment factor is a calculation that is used to calculate the salary and pension of government employees. This is a number by which the basic salary of the employee increases when multiplied by it. Similarly, his total salary is also decided according to this factor. Due to this change, the basic salary of the employees increases and their other allowances also increase.