8th Pay Commission: Central employees and pensioners are eagerly waiting for the 8th Pay Commission. It is being speculated that it can also be announced in the budget to be presented on February 1. If the 8th Pay Commission is implemented, let us know how much the pension and salary will increase
Big good news may come soon for more than one crore central government employees and pensioners of the country. There is a possibility of increase in the basic salary of the employees. The government is preparing to constitute the Eighth Pay Commission.
It is being said that the 8th Pay Commission is to be implemented from January 2026. In such a situation, the question arises that if the 8th Pay Commission is formed and recommends increasing the salary and pension, then how much will the salary of the central employees increase.
The Seventh Pay Commission was implemented in January 2016. The 7th Commission will end in 2026. After this commission, now the demand for the implementation of a High Pay Commission has increased. It is believed that the government can announce the Eighth Pay Commission in the general budget to be presented on February 1, 2025.
How much will be the basic salary in the Eighth Pay Commission
According to media reports, the basic salary of central employees can increase to at least Rs 34500. There is a possibility of an increase of up to 186 percent. The government has been asked to recommend a 2.86 times salary hike under the new pay commission. It will be based on the fitment factor of 2.86.
The salary of government employees and the pension of retired employees are made through the fitment factor. Employees believe that salary hike is very important to reduce the rising cost of living due to inflation. A fitment factor of 2.57 was used under the 7th Pay Commission. Due to which the minimum salary increased from Rs 7000 to Rs 18000. Currently, central employees get salary according to the fitment factor of 2.57.
Bumper increase in pension too
With the implementation of the 8th Pay Commission, like salary, there will be a huge increase in pension as well. At present, the minimum pension is Rs 9000, which will increase to Rs 25,740 as per the fitment factor of 2.86. Keep in mind that this calculation is only for the minimum basic salary and pension. Along with the basic salary, employees will also get the benefit of dearness allowance i.e. DA. This will lead to a huge increase in the in-hand salary.
