8th Pay Commission: The Central Government has recently approved the 8th Pay Commission. These commissions will revise the salary and pension of central employees and pensioners. It is likely to be implemented from next year after the cabinet approval. Currently, salary structure employees are getting the salary structure on the basis of the recommendations of the 7th Pay Commission in the country. The Seventh Pay Commission is applicable from the year 2016. Here you are telling you how much the salary of peon to clerk will be under the 8th Pay Commission.
What is a fitment factor?
The fitment factor is the multiaplyer that is applied to the existing basic pay. So that, calculation of new salary can be done. It was 2.57 in the 7th Pay Commission, from which the salary of the employees of Level 1 was from Rs 7,000 to 18,000. However, the total salary, including the allowances, is made around Rs 36,020, when the minimum basic salary is Rs 18,000 a month.
Salary will increase on the basis of fitment factor
The salary of employees is fixed on the basis of fitment factor. The fitment factor is being discussed for salary hike under the 8th Pay Commission. The National Council of Joint Consultative Machinery (NC-JCM) and the association of employees have recommended a fitment factor of at least 2.86.
How much will the salary of central employees increase
If the fitment factor 2.08 is fixed, the minimum basic salary of central employees can increase from Rs 18,000 to Rs 37,440. At the same time, pension can increase from Rs 9,000 to Rs 18,720. But if the fitment factor goes to 2.86, the salary may increase by 186%. If this happens, the minimum salary will increase by Rs 51,480 and pension to Rs 25,740.
How much will the fitment factor be in the 8th Pay Commission
According to reports, the fitment factor in the 8th Pay Commission may be 2.86, which will increase the salary. How much salary will increase under this.
The current salary of peon and attendant in Level 1 is Rs 18,000. This will increase to Rs 51,480. That is, their salary will increase by Rs 33,480.
The basic salary of the lower division clerk in Level 2 is currently Rs 19,900, which can be increased to Rs 56,914. This will increase the total salary to Rs 37,014.
The salary of constable and skilled employees in Level 3 is currently Rs 21,700, which can increase to Rs 62,062. It will increase by Rs 40,362.
The current salary of grade de stenographer and junior clerk in Level 4 is Rs 25,500. This salary will increase to Rs 72,930. This salary will increase by about Rs 47,430.
The salary of senior clerks and technical staff in Level 5 is currently Rs 29,200, which can be increased by Rs 83,512, which will increase the total salary by Rs 54,312. If the recommendations of the 8th Pay Commission apply, then there will be a benefit of large scale increase in the salary of central employees. Now everyone’s eyes are on the official announcement of the government.
How long will the 8th Pay Commission be implemented
Let us tell you that the 7th Pay Commission constituted in 2014 gave its report in November 2015. It was implemented in the year 2016. The government has announced the formation of the 8th Pay Commission in the year 2025. That is, now the 8th Pay Commission can be applicable from January 2026.
The new rules of TDS and TCS will come into effect from April 1, know the new rules or else you will get caught in trouble