8th Pay Commission: Lottery for central employees, salary will double with this new formula; See the full account
8th Pay Commission Latest Update: Lakhs of central employees and pensioners of the country have been waiting for the 8th Pay Commission for a long time. Every day some new updates are coming out regarding the new pay commission. However, what is being discussed the most is the Fitment Factor. This is the formula through which the new basic salary of central employees is decided.
The Narendra Modi government at the Center has not yet said anything officially on the fitment factor. However, experts and employee organizations have made their own estimates. Some experts are saying that the fitment factor in the Eighth Pay Commission may remain around 2.10, while the employees and their organizations are demanding it to be 3.83.
What is fitment factor?
eighth pay commission Since the announcement, fitment factor has been mentioned everywhere. If we understand it in very simple language, then it is a coefficient by which the new basic salary is determined by multiplying the existing basic salary. For example, you can understand it like this: Suppose the basic salary of an employee is Rs 18,000 and the fitment factor is fixed at 2.10, then the new basic salary will be Rs 37,800. At the same time, if the government sets the fitment factor at 3.83, then this basic salary will directly reach Rs 68,940.
Salary as per pay matrix
fitment factor Along with the change in salary, there is also a difference in salary at different pay matrix levels. Suppose a Level-6 employee, whose basic salary is Rs 35,400, his new basic salary will be around Rs 74,340 at 2.10 fitment factor. Whereas, if the fitment factor is fixed at 3.83 then the salary will reach around Rs 1.35 lakh. The basic salary of Level-10 officers can increase from Rs 56,100 to Rs 1.17 lakh as per 2.10 and to more than 2.14 lakh as per 3.83. The current basic salary of the highest level 18 officers is Rs 2.50 lakh, which will become Rs 5.25 lakh if 2.10 fitment factor is implemented and Rs 9.57 lakh if 3.83 is implemented.
| pay matrix level | Basic Pay of 7th Pay Commission | 8th Pay Commission (Minimum Estimate – Fitment Factor 2.10) | 8th Pay Commission (High Estimate – Fitment Factor 3.83) |
| level 1 | ₹18,000 | ₹37,800 | ₹68,940 |
| level 2 | ₹19,900 | ₹41,790 | ₹76,217 |
| level 3 | ₹21,700 | ₹45,570 | ₹83,111 |
| level 4 | ₹25,500 | ₹53,550 | ₹97,665 |
| level 5 | ₹29,200 | ₹61,320 | ₹1,11,836 |
| level 6 | ₹35,400 | ₹74,340 | ₹1,35,582 |
| level 7 | ₹44,900 | ₹94,290 | ₹1,71,967 |
| level 10 | ₹56,100 | ₹1,17,810 | ₹2,14,863 |
| level 13 | ₹1,23,100 | ₹2,58,510 | ₹4,71,473 |
| Level 18 (Cabinet Secretary level) | ₹2,50,000 | ₹5,25,000 | ₹9,57,500 |
However, it is important for employees to note that this is only a possible estimate. Nothing has been officially said yet by the Central Government or the Eighth Pay Commission regarding the fitment factor. After the recommendations of the commission, the final decision will be taken only after the approval of the government.
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Commission meetings continue
The 8th Pay Commission has intensified talks with employee organizations and stakeholders. The commission is going to hold its next meeting in Bhubaneswar on July 6 and 7. After this, on July 9 and 10, he will talk to different employees’ organizations in Kolkata and implement their suggestions. Earlier, the Commission had held meetings at many places in April, May and June.
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