The Cabinet has approved the formation of the 8th Pay Commission to revise salaries of Central government employees and pensioners. The commission is expected to be implemented by January 1, 2026, benefiting nearly 50 lakh employees and 65 lakh pensioners.
What is a Pay Commission?
Every 10 years, the government constitutes the Pay Commission to review and recommend changes to the salary structure of its employees. Additionally, the commission reviews bonuses, perks, allowances, and other benefits provided to government employees.
What is 8th Pay Commission?
The 8th Pay Commission will revise the pensions, allowances, and salaries of central government retirees and employees. In addition to salary hikes, the revisions under the 8th Pay Commission will also adjust the Dearness Allowance (DA) to align with inflation.
8th pay commission salary hike
The government has not given any details on the percentage of salary hikes under the 8th Pay Commission. However, it is estimated that according to the fitment factor, the salary of employees could be hiked, as per various reports. The minimum basic salary could be hiked to ₹51,480 from ₹18,000
8th Pay Commission: What is fitment factor?
The salaries, pensions and allowances are revised under pay commissions through the fitment factor. It is a key multiplier used to calculate salaries and pensions for government employees. The multiplier is decided by taking into account various factors such as inflation in the country, requirement of employees, affordability of government etc.
Who are beneficiaries of 8th Pay Commission?
Nearly 50 lakh central government employees, including defence personnel, are expected to benefit from the 8th Pay Commission.
Almost 65 lakh Central government pensioners, including defence retirees, are expected to benefit after the revision.
FAQs
When will 8th Pay Commission be implemented?
The commission will likely be formed by 2026, according to Union Minister Ashwini Vaishnaw. The 8th Pay Commission could be expected to take effect by January 1, 2026, according to reports.
8th Pay Commission: What does pay commission do?
A pay commission is constituted by the central government once every decade to review and recommend changes to the salary structure of government employees. The commission considers factors such as inflation, the state of the economy, income disparities, and related factors. Additionally, it reviews bonuses, perks, allowances, and other benefits provided to government employees.