8th Pay Commission : The Narendra Modi government at the Centre has given the green signal for the 8th Finance Commission. It is believed that the 8th Finance Commission will come into effect on 1 January 2026. Its implementation will greatly benefit government employees.
According to reports, the fitment factor from the government can be 2.86. Last time it was 2.57 percent. If the fitment factor remains 2.86, then the minimum salary will increase from Rs 18,000 to Rs 51,480. At the same time, the pension will increase from Rs 9000 to Rs 25,740. Employees of different grade pay will get different salaries after the implementation of the 8th Finance Commission. At present, level 3 employees get a salary of Rs 57,456. Which can increase to Rs 74,845. At the same time, the salary of level 6 employees can increase from Rs 93,708 to Rs 1.2 lakh.
Grade Pay Rs 2000, Level 3
Pensioners who were on grey pay of 2000, their pension can increase from Rs 13,000 to Rs 24,960 if the fitment factor is 1.92. On the other hand, level 3 pensioners can get Rs 27,040 on fitment factor 2.28. Those whose pension was Rs 16,000, it can increase to Rs 30,720.
Grade Pay of Rs 2800
Employees who have retired on grey pay of 2800 can get pension of Rs 30,140 instead of Rs 15,700 after the implementation of 8th Finance Commission. Whereas, their pension can be Rs 32,656 after the implementation of fitment factor 2.28. The minimum pension of level 5 pensioners will be Rs 39,936 at a fitment of 1.92 and Rs 43,264 at a fitment factor of 2.28.
Grade Pay Rs. 4200
Level 6 employees who have retired on grey pay of 4200 can get a pension of Rs 54,624 instead of Rs 28,450. If the fitment factor of 2.28 is applied then their pension can be Rs 59,176.