8th Pay Commission Update: Everyone is waiting for the implementation of the 8th Pay Commission. From employees to the general public, there is a question in their minds about when the government can implement it. The government has not even constituted the 8th Pay Commission yet. Now there are possibilities of the formation of a new pay commission soon.
It is discussed that the government will implement it from January 1, 2026, which is going to be constituted soon. According to State Finance Minister Pankaj Chaudhary, the process of consultation with the state governments, the Finance Ministry and related departments is going on regarding the 8th Pay Commission. It is expected to be implemented soon. You can know the important things related to this below.
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What will be the formula for salary increase??
If the 8th Pay Commission is implemented for central employees, then what will be the formula for salary increase? This remains a big question. When the new pay commission is implemented, the salary will increase just like it was increased during the 7th Pay Commission. Dr. Wallace had introduced this formula. It was designed with the aim of fixing the minimum cost of living.
While making this formula, the needs of the employees,, like food, clothing, and housing,g are taken into consideration. According to the 7th Pay Commission, the basic salary of the employees was also increased. At that time, after the implementation of the 7th Pay Commission, the basic salary of the employees increased from Rs 7000 to Rs 18,000. At that time, a fitment factor of 2.57 was fixed for updating the salary and pension.
Salary will increase three times as soon as the 8th Pay Commission is implemented..
According to experts, the salary of central employees will increase three times as soon as the 8th Pay Commission is implemented. The calculation of salary and pension will be done according to the fitment factor. The fitment factor is expected to be 2.86. If this remains the case, the minimum basic salary can increase from Rs 18000 to Rs 51,480. Apart from this, the minimum pension can increase from Rs 9,000 to Rs 25,000.