As soon as the central government has approved the new pay commission, new news related to it is coming out. It is expected that the 8th Pay Commission will be implemented next year. Recently, the government has increased the Dearness Allowance (DA), after which many kinds of speculations are being made.
Now the big news that is coming is that the government will not increase the Fitment Factor much in the Eighth Pay Commission. What is the reason behind this, let us understand in detail! If you are also a central employee, then this information can prove to be very powerful for you.
The game of fitment factor will change by adding it to the basic salary
According to a report, the government is preparing to merge 50% of the dearness allowance of central employees into their basic salary. If this happens, the demand for a higher fitment factor in the 8th Pay Commission will soften and the government will also increase the fitment factor by a small amount.
The main reason for this is that the current basic salary of the employees is ₹ 18,000. After the merger of the dearness allowance, it will increase to ₹ 27,000. This salary increase will happen even before the implementation of the Pay Commission. Therefore, it will have a direct impact on the demand for fitment factors. The increased basic salary of the employees will become the basis for salary hikes under the new Pay Commission.
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Will the government take this step this time
The central government had made a rule under the 5th Pay Commission that if the dearness allowance exceeds 50%, it will be added to the basic salary. The government had also done this in the year 2004. However, this system was not accepted in the 6th Pay Commission.
It was not implemented in the 7th Pay Commission either. But this time it is being speculated that the government will merge the dearness allowance with the basic salary. If DA and basic salary are merged this time, then there will be a tremendous increase in the basic salary of the employees, which will reduce the possibility of a large increase in the fitment factor.
What is this fitment factor
The fitment factor is a multiplier, through which the government increases the salary by multiplying it with this multiplier according to the current salary in the upcoming pay commission. However, the increase in salary does not depend only on the fitment factor, but it affects the increase in salary to a great extent.
The government had implemented a fitment factor of 2.57 in the Seventh Pay Commission. Whereas this time the employees are demanding that a fitment factor of 2.86 be implemented. Now it remains to be seen how much the government keeps the fitment factor in the event of a DA merger.
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