New Delhi. Lakhs of central government employees and pensioners are currently waiting for the 8th Pay Commission with great expectation. Recently, after the establishment of the Commission, there is a pace in its functioning, due to which there is a possibility of major changes in salary, allowances and pension in the coming time. If everything goes as per schedule, this change can significantly strengthen the financial position of the employees.
Pay Commission gained momentum
After the formation of the 8th Pay Commission, its work has now gained momentum. It is believed that the commission can submit its report to the government within about 18 months. This report will include many important suggestions related to salary structure, various allowances and pension, which will have a direct impact on the income of the employees.
Benefit from increasing fitment factor
The demand from employee organizations to increase the fitment factor is gaining momentum. At present a proposal is coming forward to keep it between 3 to 3.25. If this is implemented, there may be a big jump in the minimum basic salary. It is estimated that the current basic salary of Rs 18,000 may increase to more than Rs 50,000, which will prove to be a big relief for the employees.
Expectations regarding arrears also
The Pay Commission is likely to be implemented from January 1, 2026. In such a situation, employees can also get the dues of the previous period i.e. arrears. According to estimates, this arrears can be for about 18 to 20 months, due to which a huge lump sum amount can come into the accounts of the employees.
Increase in salary due to DA merger
The demand to include Dearness Allowance (DA) in basic salary is also continuously rising. Employee organizations want 50% DA to be merged into basic. If this happens, not only the basic salary will increase but future allowances and pension will also be calculated on an increased basis, which will lead to a big increase in the total income.
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