Home Business 8th Pay Commission Update: Salary Hike, Fitment Factor, and Implementation Timeline

8th Pay Commission Update: Salary Hike, Fitment Factor, and Implementation Timeline

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8th pay commission
8th pay commission

8th Pay Commission Update: Now, all the central employees and pensioners are eagerly waiting for the implementation of the 8th Pay Commission. The government announced the formation of the 8th Pay Commission in January, but the committee has not been formed yet. It will be 10 years since the 7th Pay Commission was implemented, and everyone is looking forward to the new Pay Commission.

There is a discussion that the government can soon implement the new Pay Commission. If the 8th Pay Commission is implemented, then there will be a bumper increase in the salary from peon to IAS, due to which everyone is sure to be happy. However, the central government has not yet officially announced anything. Below is how much your salary will increase.

How will the salary of the employees be decided?

As soon as the 8th Pay Commission is implemented, the salary of the central employees will be determined on the basis of the fitment factor. The 7th Pay Commission had a fitment factor of 2.57 times. At that time, the minimum salary was increased from Rs 7,000 to Rs 18,000. Now, after the implementation of the 8th Pay Commission, the fitment factor can be increased to 2.86 times.

Along with this, the employee organisation NC-JCM has demanded 2.86 or more. If the information is to be believed, now the new pay commission is likely to be between 1.92 to 2.86 as soon as it is implemented. If the fitment is this much, then how much will the salary be? We have given you detailed information step by step below.

How much will the salary be as soon as the 8th Pay Commission is implemented?

Employees will be happy to know that as soon as the 8th Pay Commission is implemented, their salaries will be increased based on the fitment factor. The fitment factor is expected to be 2.86, according to which the salary will be seen jumping like a cheetah. In Level-1

If we estimate the salary according to the 2.86 fitment factor, then it can be like this. The minimum salary of level-1 employees can increase to Rs 51480 per month. Talking about pension, it can be up to Rs 25,740 per month. Apart from this, the salary of level-2 employees will be Rs 19,900, and after the fitment factor, the new salary will be Rs 56,914 per month.

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