When will the 8th Pay Commission be implemented, how much salary will increase for Central govt employees? Here’s what we know

8th Pay Commission update: In a matter of great news for the central government employees across the country, the Central Government of India led by Prime Minister Narendra Modi may soon set up the 8th Pay Commission. Expected to revise the salaries, pensions, and allowances of government employees and pensioners, the reports talking about the implementation of 8th Pay Commission is a welcome news for the employees who have been waiting after the raise in 8th Pay Commission. Here are all the details you need to know about the implementation date and the expectations from the much-awaited 8th Pay Commission.

8th Pay Commission: Implementation date

Expected to benefit around 1 crore central employees and pensioners from across the world if implemented, the 8th Pay Commission could be enforced by January 1, 2026, i.e., after the completion of the 7th Pay Commission’s 10-year cycle. Reports also say that the Finance Ministry is reportedly reviewing the possible financial impact and structure of the new commission.

8th Pay Commission expectation

The 8th Pay Commission may revise the fitment factor between 1.83 and 2.46, potentially raising the minimum basic salary from Rs 18,000 to between Rs 32,940 and Rs 44,280. It will also aim to better align dearness allowance and pensions with inflation.

A report release by Goldman Sachs few months back talked about the expectations from the 8th Pay Commission. The report said that the salaries of Central government employees may increase by Rs 14,000 to Rs 19,000 per month after the implementation of the 8th Pay Commission report, as reported by news agency IANS.

The global financial services firm also said in its report that around 50 lakh Central government employees and 65 lakh pensioners are expected to benefit from the pay revision. Readers should note that central government employees earn a median monthly salary of Rs 1 lakh before tax as of date.

(With inputs from agencies)

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