8th Pay Commission: Big news for central government employees. The 8th Pay Commission is scheduled to commence its upcoming sessions with employee associations and interested parties in Bengaluru, Karnataka, on October 7th. The Commission is also in the process of collecting employee information from various governmental departments and ministries to compile a report.
This report will propose adjustments to salaries and retirement benefits for central government staff. Upon the government’s endorsement of the report, employees will receive retroactive payments for the delayed notification and an enhanced salary based on the updated fitment factor. This article delves into the fundamental salaries of Level 6-8 employees according to fitment factors of 2.0, 2.15, 2.28, and 2.57.
What are the desires of employee and retiree organizations?
The NC-JCM, the primary union for central employees, has suggested a fitment factor of 3.833 to the 8th Pay Commission. If this suggestion is approved, the minimum salary of Rs 18,000 from the 7th Pay Commission could rise to Rs 69,000 under the 8th Pay Commission.
Numerous organizations such as AIDEF, FNPO, and AINPSEF concur with the NC-JCM and advocate for a 3.83 fitment factor. IRTSA has proposed a fitment factor of 5.0 for various levels.
What might be the fitment factor of the 8th Pay Commission?
According to AINSPEF National President Manjeet Singh Patel, considering the current dearness allowance and salary-related factors, it is probable that the 8th Pay Commission will adopt a fitment factor of 2.1. However, the exact fitment factor will be disclosed upon the government’s notification of the commission’s report. The minimum basic salaries for Levels 6, 7, and 8 under the 7th Pay Commission are Rs 35,400 for Level 6, Rs 44,900 for Level 7, and Rs 47,600 for Level 8.
Let’s consider the scenarios if the fitment factor in the 8th Pay Commission is 2.0, 2.15, 2.28, or 2.57, and what the new minimum basic salaries for level 6, 7, and 8 employees could be:
Level 6 Estimates:
– At 2.0 times the basic: Rs 70,800
– At 2.15 times the basic: Rs 76,110
– At 2.28 times the basic: Rs 80,712
– At 2.57 times the basic: Rs 90,978
Level 7 Estimates:
– At 2.0 times the basic: Rs 89,800
– At 2.15 times the basic: Rs 96,535
– At 2.28 times the basic: Rs 1,02,372
– At 2.57 times the basic: Rs 1,15,393
Level 8 Estimate:
– At 2.0 times the basic: Rs 95,200
– At 2.15 times the basic: Rs 1,02,340
– At 2.28 times the basic: Rs 1,08,528
– At 2.57 times the basic: Rs 1,22,332