8th Pay Commission: Major pay hikes expected for government employees
2 months, 2 weeks ago

8th Pay Commission: Major pay hikes expected for government employees

Op India  

On 16th January, the Union Cabinet approved the formation of the 8th Pay Commission, which is set to recommend revisions in the salaries and pensions of central government employees and pensioners. If these projections materialise, the 8th Pay Commission may bring the most substantial revision in pay and pensions yet, offering a major financial boost to central government employees and pensioners. How the 7th Pay Commission affected salaries The 7th Pay Commission, implemented on 1st January 2016, brought significant reforms to the pay structure of government employees. The fitment factor is a multiplier used in pay commissions to revise the basic pay of government employees, ensuring their salaries are adjusted to reflect economic conditions and inflation.

History of this topic

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