8th Pay Commission: Likely to Hike Salaries by 186% for Central Govt Employees - Read Now
8th Pay Commission: It is the talk of the central government employees that has surrounded the 8th Pay Commission, especially in the closing stages of the 7th Pay Commission. Expectations have run so high that people want to know if the next Pay Commission would actually make a difference with respect to salary increases.
Currently, the minimum basic pay for central government employees, under the 7th Pay Commission framework, has been set at Rs 18,000 per month. This is a vast increase from the minimum of Rs 7,000 that the 6th Pay Commission had provided to the employees. Now with the 7th Pay Commission nearing its end, the employees are looking up to the 8th Pay Commission, which may bring better benefits.
8th Pay Commission: Will Central Govt Employees Get a 186% Salary Hike with the 8th Pay Commission?
Though it's still early to confirm the exact details of the 8th Pay Commission, there is speculation that central government employees may receive a massive salary boost. According to Shiv Gopal Mishra, Secretary of the National Council of Joint Consultative Machinery, the next Pay Commission may propose a fitment factor of “at least 2.86.”
If approved, this would mean a salary increase of up to 186% for central government employees. Their minimum salary could rise to Rs 51,480 per month from the current Rs 18,000. In addition to salary revisions, the pension of government employees is also expected to see a significant rise, with minimum pensions projected to increase from Rs 9,000 to Rs 25,740.
Although the fitment factor is still under discussion, many are hopeful that the 8th Pay Commission will offer substantial increases in salary and pension. Employees are eagerly awaiting official announcements in the coming months, particularly in the 2025-26 Union Budget, which may provide clarity on the formation of the new Pay Commission.
What Will the 8th Pay Commission Mean for Dearness Allowance and Other Benefits?
In addition to the salary and pension hikes, the 8th Pay Commission is also expected to bring changes to other key benefits. Central government employees currently receive Dearness Allowance (DA) and Dearness Relief (DR) to compensate for inflation. These allowances may be revised in line with the new basic salary structure, further enhancing the financial well-being of government employees.
With the 7th Pay Commission setting a new benchmark, the 8th Pay Commission will likely carry forward the revisions and incorporate adjustments to match the growing cost of living. DA and DR increases are expected to align with the new minimum pay, benefiting government employees across the country.
The Confederation of Central Government Employees and Workers has expressed cautious optimism about the 8th Pay Commission. While they have not made any bold predictions, the organization has maintained a "wait and watch" approach, awaiting official announcements from the government.
When Will the 8th Pay Commission Be Formed?
The government has not made any official statements on the formation of the 8th Pay Commission. However, media reports suggest that the government may announce the formation of the new Pay Commission during the 2025-26 Union Budget. Central government employees are eagerly anticipating this announcement, as it could mark the beginning of a new chapter in their pay structure.
If the government does proceed with the formation of the 8th Pay Commission in the upcoming Union Budget, employees can expect to see detailed proposals regarding salary hikes, pension increases, and other key benefits. The timing of the announcement is crucial, as it will set the stage for the next phase of financial restructuring for government employees.