8th Pay Commission: After the central government approves the 8th Pay Commission, there will be a Diwali-like atmosphere in the homes of government employees today. Be that as it may, because after the formation of this commission, the grace of Goddess Lakshmi is going to be there.
8th Pay Commission: After the central government has approved the 8th Pay Commission, there will be a Diwali-like atmosphere in the homes of government employees today. Be that as it may, because after the formation of this commission, the grace of Lakshmi Ji is going to be there. Because the initial reports have come yet, due to which the employees do not have an idea of how much their salary will increase. That is why we explain to you with Fitment Factor how much your salary will increase.
When the Modi government approved the Seventh Pay Commission, there was a huge increase in the basic salary of the employees. Then the minimum basic allowance of Rs 7,000 was increased to Rs 18,000. The total salary also increased accordingly. But how it increased from Rs 7,000 to Rs 18,000, it was based on the fitment factor. Then the fitment factor was 2.57. Accordingly, under the new Pay Commission, the salary increased by 2.57 times and it increased from Rs 7,000 to Rs 18,000.
Earlier, during the 6th Pay Commission, the fitment factor was 1.86. This means that the basic pay was to be increased by 1.86 times (a little less than double) in the 7th Pay Commission. It happened accordingly. Now, coming to the 8th Pay Commission. One thing is clear here that the previous fitment factor was 2.57. So this time it will be at least that much. But it is understood that this time with the formation of the new commission, this factor may also increase. It is being said that it may be 2.86 instead of 2.57. However, many employee unions are demanding that the fitment factor be increased from 2.57 to 3.68.
In such a situation, if the new pay commission is implemented as per the fitment factor of 2.86, then the minimum basic pay of Rs 18,000 will increase to Rs 51,480 and the total pay will increase almost accordingly. The same rule will apply to pensioners and their pension will increase from Rs 9,000 to Rs 25,740. If 3.68 is accepted, the increase will be much higher.
When will the 8th Pay Commission be implemented?
It is being believed that the 8th Pay Commission can be implemented from January 2026, as the deadline of the 7th Pay Commission will end in January itself. Before this, consultations will be held with all stakeholders and governments. On Thursday, Union Minister Ashwini Vaishnav informed that the government is going to announce the names of the chairman and two members of the 8th Pay Commission soon, so that there is enough time to consult everyone.
What is Fitment Factor?
Fitment factor is a formula used to improve the salaries and pensions of government employees and pensioners. It adjusts the basic pay of the employee to the new pay scale by increasing it by a certain multiplier. It is decided on the basis of the recommendations of each Pay Commission and changes are made in it from time to time. Its main objective is to improve the economic condition of the employees and maintain their purchasing power with the increasing level of inflation.
Several factors play a role in deciding the fitment factor. While taking this decision, the economic situation of the government, inflation rate and the needs of the employees are taken into account. Earlier, the Pay Commission reviews the pay scales and allowances of government employees and fixes a multiplier. For example, the 7th Pay Commission had fixed the fitment factor as 2.57.
This means that the employee’s new salary was determined by multiplying their basic salary by 2.57. If an employee’s basic salary is Rs 15,000, then with a fitment factor of 2.57, he will get a new salary of Rs 38,550. Remember that this is the basic salary. This new salary has also been prepared keeping in mind Dearness Allowance (DA) and other allowances.
Fitment factor has a direct impact on the total salary and pension of the employees. When the fitment factor increases, not only the salary increases but the pensioners also get the benefit of it. Apart from this, it also helps in maintaining balance against the rising level of inflation. This is the reason why the employee unions demand an increase in the fitment factor from time to time.
