8th Pay Commission: The 8th Pay Commission is going to be very important for central employees and pensioners, and various discussions are going on regarding it. The new Pay Commission will bring relief. The possibility of its implementation is still long. According to reports, it may take 18 months for the 8th Pay Commission to be implemented.
This is likely to increase the salaries and pensions of employees. The 8th Pay Commission will also revise pensions. This means that changes are expected not only in salaries but also in pensions. The Union Finance Ministry has informed millions of pensioners about this. This is likely to be a major relief for millions of pensioners.
Read More: Nothing Phone 3a Lite Phone Sale Starting Today – What You Need To Know? Check All Features
Will the New Pay Commission Revise Pensions?
When asked whether the 8th Pay Commission will revise pensions, State Finance Minister Pankaj Chaudhary gave a surprising answer in the Rajya Sabha. In response to the question, Pankaj Chaudhary said that the 8th Pay Commission’s mandate is to make recommendations on salaries, allowances, and pensions.
Previously, several employee and pensioner organisations had written to the government demanding that pensions be clearly mentioned in the ToR (Terms of Reference). The government has now clarified this as well.
Read More: OPPO’s New Tablet Launching Soon with 10,420 mAh Battery & 4K Camera- Check Features & Price.
Further, the state Finance Minister stated that the government has no proposal to merge DA into basic pay. Meanwhile, unions have consistently demanded that DA be merged into basic pay when it exceeds 50%. However, the government has no such proposal pending. The government has already been constituted.
The Modi government at the centre has constituted the 8th Pay Commission, which is proving to be a significant gift. A chairman and members have been appointed. The commission’s committee is preparing its report.
Recommendations may be formulated and implemented within 18 months. The new Pay Commission is expected to be implemented in 2027. Upon implementation, the salaries of central employees and pensioners are expected to increase.
