Central employees will be given good news as the minimum salary will be increased by 92 percent. That was put out by different news portals for employees under the 8th Pay Commission, with the speculations that normal employees’ basic salary will be almost doubled in 8th Pay Commission era. The advantage of this increase will probably rain on pensioners’ heads as well.
Salary of central employees will increase to 34,560
It happens that through the 8the Pay Commission recommendation, the basic minimum salary of central employees reaches the threefold, that is from 18,000 rupees to 34,560. So, as anticipated, the employees will also witness a massive 92 percent jump in their salaries. Both beneficiaries’ employees and pensioners will be profiteers in this situation. The employees are keeping their ears wider and are expecting the recommendations to be out of thirst with the 8th Pay Commission.
There will be bumper increase in pension as well
If it is assumed that when the 8th Pay Commission is implemented, there will be an increase of 92 percent in the basic salary of pension in the military, then the new pension fund will be an additional 92 percent. Under the 7th Pay Commission, the basic minimum of pensioners is Rs 9000. Even according to the aforementioned understanding, it will shoot up to 17,280.
When will the 8th Pay Commission be implemented
Employees are waiting for the DA of January and also thinking about announcing the 8th Pay Commission. Ten years passed since the 7th Pay Commission was formed, and during that time, the formation of the new pay commission has been implemented once every ten years. In this regard, it is expected that the Central Government will also take a decision on this aspect in the near future. It is rumored that the government is likely to announce the formation of the 8th Pay Commission this year. But, it is not officially announced yet.
The report of the 7th Pay Commission was finalized in 18 months
The employees communicated their wish to the finance minister during a discussion with the ministers on January 6. Union Budget 2025 is going to be tabled in Parliament on February 1. It is expected that the announcement of the 8th Pay Commission will be made at this holding. It has been ten years today since the formation of the 7th Pay Commission. The report took 18 months to finalize. If the Pay Commission is declared this February, then it can be made effective from 2026.
7th Pay Commission
The Central Government on 28 February 2014 had ordered the 7th Central Pay Commission to its convening. The recommendations of the commission were adopted in 2016. It has been ten years since its formation, generally has been constituted on that span of every decade a Pay Commission. Therefore, the sense is that now the 8th Pay Commission can be constituted in 2025.