Lakhs of government employees and pensioners of the country are keeping an eye on every update related to the 8th Pay Commission. At present, the biggest discussion is about 'Fitment Factor'. Demand has been raised by different employee organizations to keep the fitment factor from 3.78 to 4.00.
However, experts and economic experts believe that it is difficult to implement such a high fitment factor. Let us tell you that the revised basic salary of central employees is decided on the basis of the coefficient of this fitment factor, which is why all the unions and associations are pressurizing to keep it as high as possible.
Will the total salary really double?
If the fitment factor 2.0 is fixed under the 8th Pay Commission, then the basic pay of the employees will increase to double. However, this does not at all mean that the in-hand or take-home gross salary will also double. The total salary of any government employee includes basic pay along with dearness allowance (DA), house rent allowance (HRA) and other allowances.
If we look at the history, when 1.86 fitment factor was implemented in the 6th Pay Commission, there was an increase of about 54 percent in the gross salary of the employees. At the same time, in the 7th Pay Commission, a fitment factor of 2.57 was fixed, due to which the gross salary of the employees increased by about 14.29 percent.
Understand complete salary calculation according to pay level
Pay Level-3: At present the basic pay of employees of this level is Rs 21,700. Including DA and HRA, their total salary comes to around Rs 41,300. If Fitment Factor 2.0 is implemented in the 8th Pay Commission, the basic pay will increase to Rs 43,400 and the estimated gross salary can reach around Rs 53,816.
Pay Level-4: The current basic pay at this level is Rs 25,500, which makes the total salary approximately Rs 48,450. If the fitment factor remains 2.38, then the basic pay will be Rs 60,690. With this, the gross salary will increase to around Rs 74,256, which means there will be an increase of about 55 percent in the total salary.
Pay Level-5: Employees of this level are currently getting basic pay of Rs 29,200 and the gross salary is around Rs 55,480. If the fitment factor of 2.57 is applied, the basic pay will increase to Rs 75,044. With this, there can be an increase of up to 68 percent in the total salary of employees of this level.
Pay Level-6: At present, the basic pay at this level is Rs 35,400, while the gross salary is approximately Rs 67,260. If the fitment factor of 2.57 is implemented, the basic pay will reach Rs 90,978. With this, the total gross salary can directly increase from Rs 67,260 to Rs 1,12,813.