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8th Pay Commission update: Jackpot for Central Govt employees, big news on 8th Pay Commission!

8th Pay Commission: The lottery for centre employees will be held again this week. Following a 4% increase in dearness allowance and dearness relief prior to Navratri, and while the government is considering increasing many allowances for central employees, the discussion of the 8th Pay Commission is also in full swing. Employees’ salaries will increase […]

Edited By : Divya Richa | Updated: Nov 12, 2022 14:05 IST
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8th Pay Commission: The lottery for centre employees will be held again this week. Following a 4% increase in dearness allowance and dearness relief prior to Navratri, and while the government is considering increasing many allowances for central employees, the discussion of the 8th Pay Commission is also in full swing. Employees’ salaries will increase by more than two and a half times with the implementation of the 8th Pay Commission. More than one crore central employees and pensioners will benefit from this.

Once again, the discussion about the 8th Pay Commission has heated up in government departments, and if all goes well, the 8th Pay Commission can be scheduled for 2024. If this occurs, his salary could be significantly increased. However, the government has yet to make an official statement.

Rs 26,000 is the minimum salary.

According to reports, if the employees union’s proposal is approved by the 8th Pay Commission, the minimum pay for government employees will rise from Rs 18,000 to Rs 26,000 per month. Furthermore, the fitment factor will increase by up to 3.68 times.

The recommendations of the eighth pay commission could be implemented in 2026.

Let us remind you that the Employee Pay Commission is only implemented once every ten years. The implementation of the fifth, sixth, and seventh pay commissions followed the same pattern. According to estimates, the 8th Pay Commission will be formed in 2024 and its recommendations will be implemented in 2026.

Pay commissions could be phased out?

Along with this, it has been reported that the tradition will be discontinued following the 7th Pay Commission. That is, no new Pay Commission will be appointed after the 7th. Instead, the government could implement a system of automatic increments. Government employees’ salaries will be automatically increased as a result of this. It could be like a pay raise in a private job. If there is more than 50% DA in this, the salary will be automatically revised.

First published on: Nov 12, 2022 02:05 PM IST

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