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. News24 with its recent interviews tried to find out that when and how much pay hike can the Central Government employees expect.
8th Pay Commission: When To Expect Salary Hike?
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 timeline of the new Pay Commission.
Mishra 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.”
ALSO READ: News24 Exclusive: 8th Pay Commission Expected Timeline REVEALED!
How Much Salary Hike?
Subhash Chandra Garg, a 1983-batch IAS officer of Rajasthan cadre and the former finance secretary of India, told News24 in an exclusive interview that the government may approve the fitment factor of 1.92-2.08 under the next Pay Commission. However, Mishra told News24, “I can’t say the fitment factor under the new Pay Commission will be 2.86, but I think it should be 2.86. Staff side of NC–JCM and other experts are working on it.”
If the government approves the fitment factor of 2.86, then the monthly basic minimum salary of the central government employees will become Rs 51,480 from Rs 18,000. Furthermore, pensioners’ minimum basic pension at this fitment factor could rise from Rs 9,000 to Rs 25,740.
If the government approves 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 could rise from Rs 9,000 to Rs 18,720 at this fitment factor.
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.