8th Pay Commission: The government has released a big update regarding the 8th Pay Commission (salary hike in 8th CPC). It has been made clear in this that how much will be the increase in the salary of the employees and the pension of the pensioners. Let us know about this in detail.
8th Pay Commission: The central government has approved the proposal to constitute the Eighth Pay Commission. Now lakhs of central employees and pensioners are waiting for when the commission is to be constituted. According to the Times of India report, the commission will be constituted in April this year. In an interview to TOI, Finance Ministry’s Expenditure Secretary Manoj Goel gave this information.
The commission can be constituted this month
He said that the 8th Pay Commission can be constituted in two months, perhaps by April. Its draft has been prepared and sent to the Ministry of Defense, Ministry of Home Affairs and Department of Personnel and Training for their opinion. He said that after getting their opinion and recommendations, the TOR will be prepared and the cabinet’s approval will be sought again.
After the implementation of the 8th Pay Commission (fitment factor in 8th CPC), the salary of the employees can be increased by the central government. Under this, the government can also make a bumper increase in the pension and allowances of retired employees. At present, no announcement has been made regarding the date of formation and implementation of this commission.
Outgo will start from this year
When he was asked about the fiscal implication of the 8th Pay Commission in this interview, he replied, we have estimated that the Pay Commission will not have any financial impact in the next financial year. After the formation of the Pay Commission, it will take some time to submit its report, on which the government will take its decision later. Therefore, we do not expect any expenditure in the next business year. There will be an outgo in the financial year starting from April 2026.
This much fitment factor is being given under 7th CPC-
Union Railway Minister Ashwini Vaishnav gave information that now soon the chairman and two members can be appointed to implement the 8th Pay Commission. Due to the implementation of the 8th Pay Commission, there will be a change in the salary of the employees.
Fitness factor is kept in mind for salary calculation. The salary of the employees is calculated with the help of fitment factor (fitment factor kya h). If we talk about the fitment factor of employees under the 7th Pay Commission, it has been 2.57.
The fitment factor will be this much in the new pay commission-
If we talk about the 7th Pay Commission, then under this the minimum salary of the employees (salary hike) was increased from Rs 7 thousand to Rs 18 thousand. Till the 8th Pay Commission, the employees are demanding a fitment factor (fitment factor in 8th CPC) of 2.86.
According to this, the minimum salary of the employees can be increased from Rs 18 thousand to Rs 51,480. On the other hand, if we talk about the minimum pension (pension hike), it can be increased from Rs 9 thousand to Rs 25,740. Pension can also increase on promotion and salary increase.
Pay Commission is constituted every 10 years
Let us tell you that the Central Pay Commission is usually constituted every 10 years. In this, many things like inflation, economic conditions are taken into account. The term of the 7th Pay Commission constituted in 2016 is ending in 2026. Due to this, on January 16, the government has approved the proposal to constitute the 8th Pay Commission. There is a possibility of increasing the fitment factor from 2.57 to 2.86 in the 8th Pay Commission. According to estimates made by experts, under the 8th Pay Commission, government employees can get an average salary hike of 25% to 30%.
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