8th Pay Commission: The formation of the Eighth Pay Commission has also been announced and the central employees have high expectations to increase salary under this Pay Commission. Now suddenly this expectation has suffered a big shock to this hope and the salary increase on the basis of fit ment factor in the Pay Commission is now decided that this time the salary will not increase as expected after the 2.86 fitment factor and this update has caused a lot of disappointment among the employees.
Big information on the formation of eighth pay commission
The government is now going to announce at any time regarding the formation of the eighth pay commission. For which the term of reference will also be released soon and after that the process ahead will also start and you will also be completed through the government. The circular issued through the government has been said that appointments will be provided to about 40 posts on deputation for the Eighth Pay Commission so that it is also formed at the earliest.
Government’s big decision on fitment factor
Inflation has increased significantly in 10 years and hence many employee organizations for the eighth pay commission are demanding that the fitment factor be made more here. There is a demand through employees to keep a fitment factor of 2.86 for the increase in current salary and pension, although all the experts are saying that this time the eighth pay commission will not have the fitment factor 2.86. Rather, the Fitment Factor is about to live around 1.92. Right now, the fitment factor is increasing a lot and demand is also being made, 2.86 fitment factor should be implemented, but the government can apply a fitment factor of 1.92, such as employees will not increase the salary much.
Mathematics understand the increase in salary under the eighth pay commission here
Under the Eighth Pay Commission, it is important to understand the mathematics of increase in salary. For example, in 2006, 19 years ago, the Fitment Factor 1.86 was fixed for the sixth Pay Commission. Which was increased by 54 percent in the salary and the Fitment Factor 2.57 under the Seventh Pay Commission. Which had increased only 14.2 percent in the salary, now it is clear here that having a high fitment factor, it does not mean that the salary will also increase the employees, let us tell you how much of the fitment factor, how much of the fitment factor, the dearness allowance, it takes to adjust to the dearness relief.
Eighth Pay Commission will be implemented from this month
About 47 lakh employees and 65 lakh pensioners of the central government are currently waiting for how long the government is going to set up the new Pay Commission and by how long the recommendation will be implemented, the Commission was not formed. Now the formation will be formed after which the seventh pay commission came into force such as 10 years on December and this 10 years will be completed and the tenure of the 8th Pay Commission from 1 January 2026 to the 8th Pay Commission is already scheduled. However, the government will take the final decision to implement it soon. It has not been officially announced on a certain date.
