8th Pay Commission: The formation of the 8th Pay Commission has been approved by the Central Government. Right now, the government employees are also eagerly waiting for the 8th Pay Commission. The formation of the commission has been approved, but the chairman and members have not been elected. An official notification has also not been issued for this.

Let us tell you that a pay commission is formed every 10 years, so that salaries and allowances can be increased. The most important thing among all these is the fitment factor.

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What is the fitment factor?

Let us tell you that the fitment factor plays an important role in deciding the salary, pension and allowances of government employees. With its help, the new salary is decided. The fitment factor is decided keeping in mind things like inflation, the needs of the employees and the capacity of the government. By the way, the salary has been fixed according to the 7th Pay Commission. At present,t the fitment factor is 2.57.

What is the effect of the fitment factor on the salary?

The fitment factor affects the basic pay. Under the 7th Pay Commission, the basic salary was increased to Rs 18,000. According to this, the salary increased by an average of 14.3 percent. After the new salary is implemented, dearness allowance (DA) starts from zero. This time it is likely to happen in the 8th Pay Commission.

There are 4 types of parts in the salary of government employees. Such as basic pay, dearness allowance (DA), house rent allowance (HRA) and transport allowance, etc. According to the report, the basic pay is about 51.5 per cent of the salary. DA is about 30 per cent. HRA is about 15 per cent. And transport allowance is about per cent.

Who will benefit from the 8th Pay Commission?

About 50 lakh central government employees will get the benefit of the 8th Pay Commission. Apart from this, about 65 lakh pensioners will also get dibenefitsnefit.