In the surprising move, the Central Government last month announced the 8th Pay Commission in a surprising move. Over 1 Central Government employees and pensioners are now eagerly waiting for the salary and pension hike.
“The Government has approved constitution of the 8th Central Pay Commission,” said Pankaj Chaudhary, Union MOS Finance, in a written reply in Rajya Sabha on Tuesday, February 4. On the question on the appointment of members & chairperson of the new Pay Commission and the timeline, the Minister said, “Will be decided in due course.”
8th Pay Commission: Expected Timeline
Shiv Gopal Mishra, secretary staff side NC–JCM (National Council – Joint Consultative Machinery) in this exclusive conversation with News24’s Akshat Mittal, talked about the expected timeline of the new Pay Commission.
He said, “I’m hopeful that the 8th Pay Commission will be established by February 15th, 2025. The Commission’s report will be finalized by November 30th, and the government will review it in December for further consideration, and the new Pay Commission can be implemented from January 2026 in the country.”
How Much Salary Hike?
If the government OKs the fitment factor of 2.86, then the monthly basic minimum salary of the central government employees will surge to Rs 51,480 from Rs 18,000. Furthermore, pensioners’ minimum basic pension will rise from Rs 9,000 to Rs 25,740.
If the government says ok to the fitment factor of 2.08, the minimum basic pay of the central government employees would increase from Rs 18,000 to Rs 37,440. Moreover, pensioners’ minimum basic pension will rise from Rs 9,000 to Rs 18,720.
If the government approves the fitment factor of 1.92, then the basic minimum salary of the central government employees will become Rs 34,560 from Rs 18,000. Furthermore, pensioners’ minimum basic pensions at this fitment factor could rise from Rs 9,000 to Rs 17,280.
ALSO READ: 8th Pay Commission: When & How Much Salary Hike Can Central Govt Employees Expect?
