8th pay Commission News: The central government may abolish the allowances of government employees and pensioners in the eighth pay commission. Know the full details…
8th Pay Commission News: The central government announced the formation of the much-awaited Eighth Pay Commission in January. The new pay commission may submit its recommendations to the Center early next year. Now the Modi government is expected to announce the names of the chairman and two members of the committee to be formed for the new commission next month.
The process of formation of the 8th Central Pay Commission (CPC) is gaining momentum and all stakeholders are now eagerly waiting for the appointment of members. An announcement in this regard is expected next month.
Ever since the government announced the formation of the pay panel, there has been speculation over the fitment factor to revise the salaries and pensions of employees and pensioners. However, it is worth noting that the Pay Commission is not limited to only increasing salaries but it also reviews the allowances and other facilities given to central government employees.
Meanwhile, various reports suggest that the commission may eliminate old and irrelevant allowances or include new allowances if needed. These reports say that the 7th Pay Commission has also removed many allowances.
What changes did the 7th Pay Commission make?
The 7th Pay Commission reviewed 196 allowances, out of which only 95 allowances were approved. The 7th Pay Commission rejected 101 allowances. Some of these allowances were completely abolished, some were merged with some other allowance and some were not included in the report at all.
With regard to pay revision, the 7th Pay Commission recommended a pay hike with a fitment factor of 2.57 for central employees, making the minimum salary Rs 18,000 and the maximum salary Rs 2,25,000.
Latest update related to 8th Pay Commission
The Terms of Reference (ToR) of the 8th Pay Commission i.e. the framework of functioning can be decided before April 2025. Along with this, the government can also finalize the names of the chairman and other members of this commission.
Once constituted, the 8th Pay Commission may take about a year to prepare its report. During this time, the Commission will discuss with various stakeholders, especially the representatives of central employees, and prepare recommendations after understanding their demands.
Now it remains to be seen how big a benefit the 8th Pay Commission gives to government employees and whether new allowances are added!