8th Pay Commission Salary-Pension Hike: The 8th Pay Commission will submit its report to the central government, after which a decision will be taken on the implementation of the recommendations. If everything happens on time, then by next year the central employees can start getting increased salary.
8th Pay Commission: The central government has approved the formation of the 8th Pay Commission. Due to which the salary and pension of more than 1 crore government employees and pensioners across the country can increase. After this news, many people want to know how much their monthly income will increase under the new salary structure. According to reports, the same calculation formula as the 7th Pay Commission will be adopted to increase the salary, which will benefit employees from level 1 to level 10.
When can the 8th Pay Commission be implemented?
In such a situation, central employees are eagerly waiting for the recommendations of the 8th Pay Commission. After getting approval from the Union Cabinet, it is expected that it will be implemented next year. Currently, the salary of the employees is being given according to the 7th Pay Commission, which was implemented in 2016.
Let us tell you that the basis of the new salary hike will be the Fitment factor, which decides the increase in salary and pension.
What is Fitment Factor?
Fitment factor is a type of multiplier, which is used to increase the basic pay. In the 7th Pay Commission, it was 2.57, due to which the basic salary of Level 1 increased from Rs 7,000 (6th Pay Commission) to Rs 18,000. However, this was not the take-home salary of the employees. After adding Dearness Allowance (DA), House Rent Allowance (HRA), Transport Allowance and other benefits, the total salary became Rs 36,020.
8th Pay expected to increase fitment factor to 2.86
Now news is coming that the fitment factor can be increased to 2.86 in the 8th Pay Commission. If this happens, the basic pay in Level 1 will increase from Rs 18,000 to Rs 51,480. Its effect will also be seen at all other levels and there will be a significant increase in the salary and pension of the employees.
8th Pay Commission Salary Hike: How much will the salary increase at which level?
- Level 1 (peons, attendants, support staff): Basic pay can increase from Rs 18,000 to Rs 51,480, i.e. an increase of Rs 33,480.
- Level 2 (lower division clerks): Basic pay It may increase from Rs 19,900 to Rs 56,914, an increase of Rs 37,014.
- Level 3 (constables, skilled staff): Basic pay may increase from Rs 21,700 to Rs 62,062, an increase of Rs 40,362.
- Level 4 (Grade D stenographers, junior clerks): Basic pay may increase from Rs 25,500 to Rs 72,930, an increase of Rs 47,430.
- Level 5 (senior clerks, technical staff): Basic pay may increase from Rs 29,200 to Rs 83,512, an increase of Rs 54,312.
- Level 6 (inspectors, sub-inspectors): Basic pay may increase from Rs 35,400 to Rs 1,01,244, an increase of Rs 65,844.
- Level 7 (superintendents, section officers, assistant engineers): Basic pay may increase from Rs 44,900 to Rs 1,28,414, an increase of Rs 83,514.
- Level 8 (senior section officers, assistant audit officers): Basic pay may increase from Rs 47,600 to Rs 1,36,136, an increase of Rs 88,536.
- Level 9 (Deputy Superintendents of Police, accounts officers): Basic pay may increase from Rs 53,100 to Rs 1,51,866, an increase of Rs 98,766.
- Level 10 (Group A officers, entry-level civil services): Basic pay may increase from Rs 56,100 to Rs 1,60,446, an increase of Rs 1,04,346.
When will the new salary be implemented?
The 8th Pay Commission will submit its report to the central government, after which a decision will be taken on implementing the recommendations. If everything happens on time, central employees may start getting new salary by next year. Overall, in this era of inflation, all central employees and pensioners are expected to get great relief from the 8th Pay Commission.
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