8th Pay Commission- Big update is here regarding 8th Pay Commission. The eyes of crores of central employees and pensioners across the country have been fixed on the announcement of the 8th Pay Commission and its process for a long time. It has already been confirmed by the government that the commission will be formed, but so far no concrete steps have been taken regarding its implementation. Recently, in response to a question asked in Parliament, the central government has clarified its position on this issue.
What is the latest statement of the government?
MP in Lok Sabha T.R. Balu and Anand Bhadauria questioned the central government that despite six months of the announcement of the 8th Pay Commission, why has it not been formed? Has the Commission been notified? If not, what is the reason for the delay?
The government replied that they have decided to constitute the 8th Central Pay Commission (CPC) and under this process, inputs (suggestions) have been invited from key stakeholders like Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training and State Governments.
When will the commission be formed?
According to the government, the chairman and members will be appointed only after the notification of the commission is issued. So far, the terms of reference and membership structure of the commission have not been officially announced. Along with this, it was also clarified that the revision in pay and pension will be implemented only after the recommendations of the commission and approval of the government.
What are employees expecting from the 8th Pay Commission?
In the 8th Pay Commission, the fitment factor is likely to be fixed between 1.90 to 2.5. This factor directly affects salary growth. If it remains close to 2.5, then the minimum wage may increase to Rs 40,000 to 45,000. In the previous (7th) Pay Commission, the fitment factor was 2.57, due to which the minimum wage was increased from Rs.7,000 to Rs.18,000. There was also a big jump in pension, which increased from Rs 3,500 to Rs 9,000.
Probable changes in health insurance and allowances
On the lines of the previous pay commission, this time also there is hope of revision in health insurance scheme, Dearness Allowance (DA), HRA and other allowances for government employees. The special thing is that not only the existing employees but also the pensioners will benefit from the changes related to the 8th Pay Commission.
Although the government has not announced any final date yet, it is believed that the 8th Pay Commission may be implemented from January 2025, which is 10 years after the 7th Pay Commission. The 6th Pay Commission came into effect from January 2006, while the 7th Pay Commission came into effect from January 2016.