8th Pay Commission- These days the discussion about the 8th Pay Commission has intensified. Especially people are talking a lot about what its fitment factor will be.
First know what is fitment factor?
Fitment factor is a multiplication number by which your old basic salary is converted into new salary.
New basic salary = Old basic × Fitment factor
What happened in the 7th Pay Commission?
When the 7th Pay Commission was implemented from 1 January 2016, the dearness allowance (DA) of all employees had reached 125%. Now what the government did was to add that 125% DA to the old basic and then increase it a little more to create a new number, which was the fitment factor of 2.57.
If someone’s old basic pay was Rs 10,000, then the new basic salary is Rs 10,000 × 2.57 = Rs 25,700
What can happen in 8th pay commission?
Now let’s talk about the 8th Pay Commission, which is expected to be implemented from January 1, 2026. By then DA can again be 60% or more. In such a situation, two things are almost certain. DA will again be merged into the basic. The fitment factor will be more than 2.57.
What are the employees’ organizations demanding?
The employee union says that this time the fitment factor should be 3.68. That is, if someone’s current basic pay is Rs 18,000, then the new basic should be Rs 18,000 × 3.68 = Rs 66,240.
Whose salary will increase by how much
The effect of this change will be clearly visible on the pockets of the employees. Below are some estimated figures which show what effect the change in the fitment factor can have on different basic salaries. For example, if your old salary was 30,000, then in the 7th Pay Commission it became 77,100, but in the 8th Pay Commission the same salary can go up to 85,800. At the same time, some employee organizations are demanding that the fitment factor be increased to 3.68, due to which the old salary of 30,000 can reach 1,10,400.