8th Pay Commission: With the implementation of the 8th Pay Commission, the minimum wage may increase from ₹18,000 to ₹34,560 and the minimum pension may increase from ₹9,000 to ₹17,280. Apart from this, there is also a possibility of increase in the fitment factor.
8th Pay Commission: Before the year 2025, the discussion of the 8th Pay Commission has intensified. It is believed that a meeting of the Joint Advisory Body is likely to be held in November, in which the service conditions of the employees will be considered and the trade unions will put forward their demands. If the recommendations of the 8th Pay Commission are implemented, then the minimum wage can reach 34 thousand and pension can reach 17 thousand.
Actually, usually the central government constitutes a new pay commission every 10 years to revise the salary of government employees. The 7th Pay Commission was constituted in February 2014, but its recommendations were implemented from 1 January 2016, whose time is going to end on 31 December 2025, on this basis the 8th Pay Commission is to be implemented in January 2026, in such a situation, it is being speculated that the central government can take a decision regarding this in Budget 2025. However, no official statement has come out in this regard yet.
How much will the salary and pension increase if the 8th Pay Commission is implemented
In the new pay commission, the salary and pension of government employees are revised according to different economic parameters, especially inflation. Till now, the Central Government has been forming a new pay commission every 10 years, according to this, the next pay commission is to be implemented in 2026. If the recommendations of the 8th Pay Commission are implemented from 2026, then the minimum salary of central employees can be increased from ₹ 18,000 to about ₹ 34,560, while the minimum pension of pensioners can be ₹ 17,280. The increase in the fitment factor can also increase the salary of employees including allowances by another 15-20%.
What will be the effect on the fitment factor when the 8th Pay Commission is implemented?
The special thing is that when the 8th Pay Commission is implemented, the minimum salary of central employees can increase from ₹ 18,000 to about ₹ 34,560, while the minimum pension for pensioners can also increase to ₹ 17,280.
The fitment factor will also increase from 2.57 to 3.68. This can lead to a possible increase in the salary of employees from ₹ 20,000 to ₹ 25,000. Currently the fitment factor is 2.57 times and the basic salary is Rs 18000. It is believed that the fitment factor is increased from 2.57 percent to 3.00 or 3.68 percent.
Earlier, the Central Government had last increased the fitment factor in 2016 and the 7th pay commission was also implemented from this year. This will benefit about 48.62 lakh employees and 67.85 lakh pensioners.