8th Pay Commission:- Government employees are eagerly waiting for the 8th Pay Commission. Following its arrival, there will be a significant increase in the salaries of government employees and the pensions of pensioners. The 8th Pay Commission is to be implemented as soon as the year 2026 begins. However, no information has been given by the government about this yet. That is, no information has been revealed about when it can be implemented. However, it is being speculated that it can be implemented in January 2026.
How much will the pension increase
As soon as the 8th Pay Commission is implemented, the pension of central employees and pensioners will increase. According to the report, if the 8th Pay Commission’s recommendations are implemented, the retirement of pensioners may increase by 30-34 per cent.
According to the report, there are approximately 68 lakh central pensioners in the country, and the number of government employees is the highest. The 8th Pay Commission will affect pensions, just like salaries.
Pension includes both salary and dearness allowance. But it does not include house rent allowance (HRA) and travel allowance. The basic salary increases with the fitment factor, and the dearness allowance becomes zero.
According to the report, after the implementation of the 8th Pay Commission, salaries and pensions are expected to increase by 30-34 per cent. However, this will increase the government’s financial burden by Rs 1.8 lakh crore.
Meaning of 8th Pay Commission
Under the 8th Pay Commission, the salary structure of central employees will be analysed. By the way, like the previous pay commission, the new pay commission is also likely to give suggestions for improving the existing salary structure. Following this, the salaries of central employees and pensions of pensioners will be increased in accordance with the commission’s recommendations.