8th Pay Commission: Luck of government employees shines! There will be a bumper increase in salary
A very good news is coming for lakhs of central employees and pensioners of the country. Discussions are intense regarding the formation of the 8th Pay Commission and it is believed that with its implementation there will be a huge jump in the salaries of the employees. This big decision is expected to directly benefit about 1 crore 19 lakh employees and pensioners across the country. According to the latest reports, the minimum basic salary of employees may directly increase from Rs 18,000 to Rs 38,700 per month. Its complete calculations and mathematics have also now come to light.
Fitment factor plays a big role in increasing salary.
Experts believe that ‘Fitment Factor’ will play the most important role behind this huge increase in salary under the new Pay Commission. Fitment factor is the scale on the basis of which the basic salary of government employees is decided. In this, Dearness Allowance (DA) and everyday expenses are taken into account. Apart from this, the government’s budget will also be important in this decision. The rule is simple – the higher the fitment factor figure, the bigger the salary will be in the pockets of the employees.
Know when will the 8th Pay Commission be implemented?
Now the situation seems to be clear regarding the timing of implementation of the new pay commission. Actually, the period of 7th Pay Commission is ending on 31 December 2025. In such a situation, it is believed that the 8th Pay Commission will be implemented from January 1, 2026. However, it may take some time for the Commission’s recommendations to come and be implemented, which is likely to delay the process. But it is a matter of relief for the employees that it will be considered effective from January 1, 2026 only. This means that if there is a delay in implementation, the employees will be given the full arrears for that time.
Why is the mathematics of fitment factor important?
Fitment factor works as a ‘multiplier’ i.e. coefficient to increase the salary of employees. This coefficient is applied on the current basic salary of any employee, which results in the new basic salary. The higher your current basic salary is, the bigger the jump you will see in your new salary after applying the fitment factor. This is the reason why employee organizations and experts are paying maximum attention to the fitment factor.
Understand the complete salary calculation
Many types of assumptions are being made regarding salary calculation. According to the new data, if the fitment factor is fixed at 2.15, then there will be a bumper increase in the basic salary. For example, an employee whose minimum basic salary is currently Rs 18,000 will increase to Rs 38,700 per month. Similarly, if the basic salary of a senior employee is currently Rs 50,000 per month, then according to the new calculation his basic salary can directly reach Rs 1,07,500 per month.
What will be the impact on DA and pension?
As per tradition, Dearness Allowance (DA) will be reduced to zero (0) as soon as the 8th Pay Commission is implemented. This means that the new dearness allowance meter will start from zero again. However, other facilities like HRA and pension will continue to be available to the employees as before. This is no less than a gift for the pensioners because their pension will also be increased significantly on the basis of fitment factor, which will strengthen the old age support of the retired employees.
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