Big news for central govt employees. The Pay Commission typically meets every decade. In these meetings, significant adjustments to salaries are made, taking into account factors like inflation, the economy, and the cost of living. Additionally, allowances for both pensioners and central employees are reviewed and modified. Media reports suggest that if the 8th Pay Commission is put into action, central employees could see a salary boost. It’s also reported that around 50 lakh employees and 65 lakh pensioners would benefit from this increase.
If Rs 1.75 lakh crore is set aside for salary increases, employees could see their monthly pay rise to Rs 1,14,600. With an allocation of Rs 2 lakh crore, the monthly salary could go up to Rs 1,16,700. If the amount reaches Rs 2.25 lakh crore, the salary might rise to Rs 1,18,800. However, it’s essential to keep in mind that these salary hike figures are just estimates and haven’t been officially confirmed yet.
When will the 8th Pay Commission be put into action?
There hasn’t been any official word on the 8th Pay Commission yet. Media reports suggest that it could kick off in April 2025, with its recommendations and decisions potentially being implemented from January 2026.
When was the last pay commission put into effect?
The government allocated Rs 1.02 lakh crore for the 7th Pay Commission, which was rolled out in January 2016. However, government employees and pensioners only felt its impact starting in July 2016. Following the recommendations from that meeting, the government raised the basic salary from Rs 7,000 to Rs 18,000.