8th Pay Commission: How much will the salary of employees increase due to 8th Pay Commission, know when it will be implemented

The government may soon announce the formation of the Eighth Pay Commission. The process is underway regarding this. It is being told that the process of preparing the terms of reference and work order for the formation of the commission is underway.

8th Pay Commission: The government may soon announce the formation of the Eighth Pay Commission. The process is underway for this. It is being told that the process of preparing the terms of reference and work order for the formation of the commission is underway. It is being told that this time the increase in salary will largely depend on the fitment factor, which can be between 1.90 to 1.95. In such a situation, it is believed that a good increase can be seen in the salary of the employees.

It is worth noting that in January this year, the government had announced the formation of the commission. The process of appointment of its chairman and members is going on. Since then, all kinds of speculations are being made about the fitment factor (the basis of pay scale determination). Some employee organizations and officers are assuming that this time it will be 2.86. The reasoning behind this is that the government will also amend the fitment factor keeping in mind the rising inflation.

How does the fitment factor work

Actually, the basic salary increases on the basis of the fitment factor. For example, if the basic salary of an employee is Rs 20,000, then it will be multiplied by the fitment factor 2.86. On this basis, the basic salary can increase to Rs 57,200, but sources say that the fitment factor will remain below 2.0. The government can apply a fitment factor of 1.90 to 1.95. Sources also say that this time the government can bring a separate formula to adjust the dearness allowance by keeping the fitment low.

How much increase in the previous pay commission

In the 6th Pay Commission that came in the year 2006, the fitment factor was kept at 1.86. In the 7th Pay Commission that came in the year 2016, the fitment factor was 2.57 percent, but the actual increase in the pay scale was only 14.2 percent. Because, most of the fitment of the 7th Pay Commission was spent only in adjusting the dearness allowance. Whereas after the recommendations of the 6th Pay Commission, there was an increase of about 54 percent in the basic salary.

It may take time to implement

The central government has announced the formation of the 8th Pay Commission in January, but it has not been formed yet. In such a situation, it is possible that the recommendations of the 8th Pay Commission will be implemented by the year 2027. Because the old record shows that after the formation of the commission, it takes 18 to 26 months for the final report to come. The report of the 6th Pay Commission came in about 18 months. At the same time, the formation of the Seventh Pay Commission was approved on 24 September 2013, while the report came on 19 November 2015. In such a situation, the delay in the formation of the Eighth Pay Commission clearly indicates that the report may take time to come.

What is a Letter of Reference

This is a kind of recommendation letter, through which the reference and conditions related to any subject are decided. A recommendation letter will also be issued regarding the formation of the Pay Commission.

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