8th Pay Commission: According to the recommendations of the 7th Pay Commission, at present this fitment factor is 2.57 times. However, it can be increased to 2.86 times in the 8th Pay Commission. Shiv Gopal Mishra, Secretary (Employee Side) of the National Council of Joint Consultative Machinery (JCM), has indicated this. He said, “We are considering a fitment factor of at least 2.86, because such a revision happens only once in 10 years. We will demand the same after the formation of the 8th Pay Commission.”
8th Pay Commission: There is a good news for central employees. Their fitment factor may increase in the 8th Pay Commission. The salary and pension of employees are calculated on the basis of the fitment factor. According to the recommendations of the 7th Pay Commission, at present this fitment factor is 2.57 times. However, in the 8th Pay Commission it can be increased to 2.86 times. Shiv Gopal Mishra, Secretary (Employee Side) of the National Council of Joint Consultative Machinery (JCM), has indicated this.
In a conversation with a news channel, Shiv Gopal Mishra said that a fitment factor of “at least 2.86” is expected for the next round of revision of salary and pension. He said, “We are considering a fitment factor of at least 2.86, as such a revision happens only once in 10 years. We will demand the same after the formation of the 8th Pay Commission.”
What is the fitment factor?
The fitment factor plays the most important role in deciding the salary and pension of the central government employees. The total salary of the employees is calculated by multiplying their basic salary by the fitment factor. For example, if the basic salary of a central government employee is Rs 20,000, then to calculate his total salary excluding allowances, it will be multiplied by the fitment factor. For example, if the fitment factor is 2.57 times now, then the employee’s salary will be Rs 20,000 X 2.57 = Rs 51,400.
In such a situation, it is obvious that if the fitment factor increases, then the salary of central employees will also increase and they will get direct benefit. Central employees have been demanding to increase the fitment factor for a long time.
When will the 8th Pay Commission be formed?
At present, no official statement has come on this yet. Generally, a pay commission is formed once in 10 years. This commission makes recommendations for changes in the salary and pension of central government employees and retired people. The last pay commission, i.e. the 7th Pay Commission, was formed in February 2014 by the then Manmohan Singh-led government.
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