8th Pay Commission: There is great news for central employees. There is going to be a huge increase in his salary. On the one hand, where there is a buzz about the coming of the 8th Pay Commission, on the other hand it is discussed that the 8th Pay Commission will not come. On the other hand, if the 8th Pay Commission comes, then there will be a tremendous jump in the salary of the employees.
The talk is increasing, but there is no proposal.
Quoting sources in the media reports, it has been said that after the Lok Sabha elections in the year 2024, there will be a discussion on the constitution of the Pay Commission regarding the salary of the employees. Some things are going ahead on this, but there is no proposal yet.
When will the 8th Pay Commission come?
In media reports, quoting sources, it has been claimed that it is not right to discuss the 8th Pay Commission right now. A decision can be taken regarding its formation after the 2024 elections. When the 8th Pay Commission comes, the employees are going to be battered. If it comes, then it will be formed by the end of the year 2024 and it will be implemented by 2026.
When and how often will the salary increase in the 8th Pay Commission
According to media reports, the salary may be reviewed every year in the 8th Pay Commission. Presently the revision of salary is done in 10 years, which is a long time. In this case it can be changed. Where the salary hike of the employees with low salary can be done every year on the basis of their performance, whereas the salary hike of the employees with maximum salary can be done in the interval of 3 years.
What will be the basic salary in 8th pay commission
According to media reports, the fitment factor of the employees in the 8th Pay Commission may be 3.68 times. That is, there can be an increase of 44.44 percent in the minimum wages of the employees. Under the 7th Pay Commission, the employees are getting a basic salary of Rs 18,000 considering 2.57 (fitment factor) as the basis. It can increase to 26 thousand rupees or more.
