8th Pay Commission- Good news for central government employees. Government employees and pensioners across the country are waiting for the implementation of the 8th Pay Commission. Every 10 years, a new pay commission is constituted by the central government, which updates the salary and pension structure of the employees. The 7th Pay Commission was implemented in the year 2016 and now preparations for the 8th Pay Commission have begun.
8th Pay Commission may be implemented from 2027
Earlier this year, the Central Government had given in-principle approval to the formation of the Eighth Pay Commission. It is expected that this commission will submit its report by the end of 2026 and it can be implemented from 2027. At present, the chairman, members and terms and references of the commission have not been announced.
How is salary decided?
The Pay Commission decides the salary on the basis of “Pay Matrix”. In this, the salary is determined according to the service, level and grade of the employee. This time the fitment factor can be increased from 2.57 to 2.86. This will have a direct impact on the basic salary and all allowances.
How much can the salary increase?
If this proposal is implemented, there will be a huge jump in the salary. Which can be as follows:
Level-1: Current salary Rs 18,000 → New salary Rs 51,480
Level-2: Rs 19,900 → Rs 56,914
Level-3: Rs 21,700 → Rs 62,062
Level-6: Rs 35,400 → Rs 1,00,000+
Level-10 (IAS/IPS officer): Rs 56,100 → up to Rs 1.6 lakh
Pensioners also benefit
The new pay commission will benefit not only employees but also pensioners. This will also increase the pension of retired employees. The government will re-calculate the pension according to the new salary. This means that now the pension will be more than before. This decision is beneficial for those pensioners who were getting the same amount of pension for many years.