Fitment Factor: The fitment factor set by the government for implementing the 7th Pay Commission was 2.57. Based on this, the minimum salary is currently Rs 18,000. Now the rule of fitment factor is expected to be implemented again. What will be its effect?
8th Pay Commission Lates Update: If you are also a central government employee or pensioner, then this news is of your use. The demand for the Eighth Pay Commission has been going on for the last one year to provide better salary and pension to government employees and pensioners. Employee unions have also talked to the government about this. However, no confirmation has been made about this yet. Based on some media reports, it is expected that the Eighth Pay Commission may be ready by January 1, 2026.
The new pay commission is expected to be implemented from January 2026
Let us tell you that a new pay commission is constituted by the central government after every 10 years. The salary structure of government employees is changed on the basis of the advice of the commission. The current Seventh Pay Commission was implemented on January 1, 2016. Accordingly, the next pay commission is expected to be implemented exactly 10 years later, i.e. from January 1, 2026. If the government implements it from January 2026, then it will be necessary to form a commission for this.
What was the change in the Seventh Pay Commission?
The Government Employees Union had demanded to increase the fitment factor to 3.68 to increase the salary. But the government has decided to make it 2.57. Fitment factor is a method of calculation, salary and pension are calculated. After this decision, the lowest salary of Rs 7000 in the Sixth Pay Commission was increased to Rs 18000. Similarly, the lowest pension was increased from Rs 3500 to Rs 9000. The highest salary became Rs 2,50,000 and the highest pension became Rs 1,25,000.
What is expected in the Eighth Pay Commission?
According to the news published in Financial Express, the fitment factor can be kept at 1.92 to increase the salary of employees in the Eighth Pay Commission. If this happens, the minimum salary will increase to Rs 34,560. Similarly, those who have retired will also get more pension than before. It can increase to Rs 17,280.
What is the fitment factor?
The fitment factor is a calculation that is used to calculate the salary and pension of government employees. In simple words, it is a number by which the basic salary of the employee increases when multiplied. Similarly, his total salary is also decided. When a new pay commission is formed, then there is a change in this factor. Due to this change, the basic salary of the employees increases and their other allowances also increase.