8th Pay Commission: There is good news for 65 lakh pensioners. The announcement of the 8th Central Pay Commission (CPC) has raised expectations among central government employees and pensioners. This pay commission will be implemented from January 1, 2026 and it will directly benefit more than 1 crore employees and pensioners. According to reports, this time the fitment factor is likely to be 2.86, due to which a huge increase in pension is expected. Currently the current basic pension is Rs 9,000. This will increase to Rs 25,740.
What is the pension structure under the 7th Pay Commission?
The 7th Pay Commission was implemented in the year 2016. Under this, the minimum pension for retired central government employees was fixed at Rs 9,000 per month, while the maximum pension is Rs 1,25,000 per month. This maximum pension is 50% of the highest salary received in government service.
Apart from this, Dearness Relief (DR) is playing an important role in protecting pensioners from the effects of inflation. The current DR is 53% of the basic pension. For example, if a retired employee is getting a basic pension of Rs 10,000, then after adding DR it becomes Rs 15,300. It is revised twice a year keeping in mind inflation and Consumer Price Index (CPI). This revision is considered to be applicable from January 1 and July 1.
What are the expectations from the 8th Pay Commission?
The main factor determining pension and salary hike is the fitment factor, which is used in calculating the new salary. The 7th Pay Commission had adopted a fitment factor of 2.57, which led to a huge increase in pay and pension. The increase is expected to be more than the 2.86 fitment factor proposed for the 8th Pay Commission.
What if this fitment factor applies?
Minimum Pension: It may increase from the current Rs 9,000 to around Rs 25,740 monthly, which will be an increase of 186%.
Maximum Pension: It may increase from the current Rs 1,25,000 to Rs 3,57,500 monthly.
Apart from this, DR will also be added on the revised pension, due to which pensioners will get more benefits.
Will there be revision in other allowances?
Other pension related benefits are also expected to be improved in the 8th Pay Commission, such as Dearness Relief (DR), which will be based on the new pension structure. There is a possibility of increase in the maximum limit of gratuity. Family pension can also be increased as per the revision pension increase. The 2.86 fitment factor proposed in the 8th Pay Commission can increase the pension by up to 186%. Also, the revision in dearness relief and other allowances will improve the financial security and standard of living of pensioners. Everyone’s eyes are fixed on this pay commission which will be implemented from January 2026.
Gold Price Today: 22 carat gold rate crosses Rs 75000, check price of 10 grams of gold