8th Pay Commission Calculator: The fitment factor in the 7th Pay Commission was 2.57, which led to a huge increase in the salary and pension of government employees. If it is made 1.90 in the 8th Pay Commission, then pensioners will get a much bigger benefit than this.
8th Pay Commission Calculator: Discussions have intensified among central employees and pensioners about the new pay commission. The 8th Pay Commission will be no less than a big good news. If sources are to be believed, the fitment factor in the new pay commission can be fixed at 1.90. In such a situation, pensioners can have fun. Because, their pension can directly jump by 90%. Pensioners’ pension can be more than ₹ 2 lakh. Let us understand how the pension will cross Rs 2 lakh with the complete calculation.
How much will be the benefit of the fitment factor being 1.90?
In the 7th Pay Commission, the fitment factor was 2.57, which increased the salary and pension of government employees significantly. If it is made 1.90 in the 8th Pay Commission, then pensioners will get a much bigger benefit.
Possible pension calculation in the 8th Pay Commission
Pension in 7th Pay Commission (₹) | Pension in 8th Pay Commission (₹) (applying fitment factor 1.90) |
---|---|
₹9,000 (minimum pension) | ₹17,100 |
₹1,25,000 (maximum pension) | ₹2,37,500 |
How is pension decided?
The calculation of government pension depends on the basic salary of the employee and the applicable fitment factor. Currently, the minimum and maximum pension of pensioners who are receiving pension as per the 7th Pay Commission is decided as follows:
Possible pension calculation in the 8th Pay Commission
How was this calculation done?
7th Pay Commission pension × 1.90 fitment factor
- Minimum pension: ₹9,000 × 1.90 = ₹17,100
- Maximum pension: ₹1,25,000 × 1.90 = ₹2,37,500
What will the central government decide?
So far the government has not made any official announcement regarding the 8th Pay Commission, but employee organizations are constantly demanding that the fitment factor be increased to at least 2.80, so that pensioners and employees can get more benefits. If the government accepts the recommendations of the 8th Pay Commission in 2025 and the fitment factor is 1.90, then lakhs of government pensioners will benefit greatly.
How is pension decided?
Government pension is calculated on the basis of basic salary and fitment factor.
- In the 7th Pay Commission, the minimum pension was fixed at ₹9,000 per month.
- Only 50% of an employee’s basic salary is received as pension.
- Currently the maximum pension is ₹1,25,000 per month, which was decided according to the 7th Pay Commission.
- Now in the 8th Pay Commission, it can be more than ₹2 lakh.
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