8th Pay Commission: The decree regarding the formation of 8th Pay Commission among the Central Government employees is being halved. Almost 9 years have passed since the implementation of the 7th Pay Commission and now the discussion about the formation of a new Pay Commission is gaining momentum. The 7th Pay Commission was constituted by the Manmohan Singh government in February 2014. Its tokens are unused and implemented in January 2016. This commission will be completed in 10 years in January 2026. If we look at the past records, a new pay commission is conducted every 10 years. However, the formation of the 8th Pay Commission is getting delayed.
What will be the benefits of coming new pay commission?
Pay Commission is responsible for improving the salaries and pensions of government employees. This is a journey to our Stocken government by discussing all these analogies. Regarding the 8th Pay Commission, it has been said in the media that it can be constituted soon.
Fitment factor plays an important role
Fitment factors are used to package employees’ salaries. In the 7th Pay Commission, the fitment factor was kept at 2.57, which increased the minimum salary by ₹7,000 to ₹18,000. The fitment factor in the 8th Pay Commission is expected to be 2.86. If this is implemented, the minimum salary will increase from ₹18,000 to ₹51,480. Similarly, the pension can range from ₹9,000 to ₹25,740.
employee demand
The National Council of Joint Consultative Mathematics (NC-JCM) met Finance Secretary Tuhin Kant and demanded early formation of the 8th Pay Commission. This organization has presented two examples. The first order removed Secretariat Secretary Rajiv Gauba in July 2024 and the second order removed his successor TV Somanathan in August 2024.
Awaiting government announcement
It was being planned before the Union Budget for 2024-25 that the government may announce the 8th Pay Commission. But till now no official announcement has been made in this regard.
What specialties do employees have?
If the 8th Pay Commission is constituted, lakhs of government employees and pensioners will get benefits. Increased pension and salary will help them in recovery. Now everyone is waiting for the official announcement from the government.