8th Pay Commission Promotion News Release: The establishment of the 8th Central Pay Commission to update the pay for about 50 lakh central government employees and the benefits of 65 lakh retirees has been approved by the central government. The fitment factor, which affects the rise in salary and pension, will be the main focus of the discussion that follows.
Pensioners and central employees are eagerly awaiting the amount of their pay and pension rise. It is anticipated that the 8th Pay Commission will take effect on January 1, 2026, following the customary ten-year interval between Pay Commissions. About 50 lakh central government workers, including those in the armed forces and 65 lakh retirees are anticipated to benefit from its approval. Its recommendations may cover a wide range of topics, including pay increases, additional benefits, 8th Pay Commission Promotion News Release and pension increases.
Conditions of reference and Fit factor 2.57 or higher
One of the main priorities is the CPC’s terms of reference (ToR), which should be completed by April 2025. The proposed ToR for the Commission has already been submitted by the National Council-Joint Consultative Mechanism (NC-JCM).In a recent interview with a TV broadcaster, NC-JCM Secretary Shiv Gopal Mishra recommended that workers be paid fairly in light of inflation, with a fitment factor of at least 2.57 or more. He believes that the government should not keep the fitment factor below 2.57 in light of the recent substantial increase in inflation.
If the fitting factor is 2.86, what is the anticipated wage increase?
According to Mishra, NC-JCM requires a fitting factor of 2.86. The minimum wage might increase from Rs 18,000 to Rs 51,480 if the government approves this request. In the future, pensions might be raised from Rs 9,000 to Rs 36,000. Since its implementation in 2016, central government personnel have been paid in accordance with the 7th Pay Commission.
The ‘fitment factor’, a multiplier added to the present base pay, will determine the updated rates under the 8th Pay Commission. According to reports, this factor might go up from 2.57 to 2.86, which could raise Level 1’s minimum basic wage from ₹18,000 to ₹51,480. Salary and pension modifications are anticipated for workers at all ten levels.
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8th Pay Commission Promotion News Release- 5 promotions during their tenure?
There have been suggestions for changes to the Modified Assured Career Progression (MACP) program. An employee may obtain at least five promotions during their tenure if the government approves of this plan.
DA and Temporary Relief
In addition to temporary respite until the new Pay Commission is established, central staff are calling for the inclusion of Dearness Allowance (DA) in Basic Pay.
Boost the number of family units
According to Mishra, the 8th Pay Commission ought to base minimum wages on the requirement for “five units” of consumption rather than three. In accordance with the Maintenance and Welfare of Parents and Senior Citizens Act 2022, he asserts that earning workers have an ethical and legal obligation to care for their dependent parents.
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