News India Live, Digital Desk: Central government employees and pensioners have been waiting for the announcement of 8th Pay Commission for a long time. Now this wait of them is going to end soon. According to the latest media reports, the recommendations of the 8th Pay Commission will be implemented from 1 January 2026. Its direct benefit will be available in the form of increase in salary of existing central employees and pension of pensioners.
How much can pension increase?
According to the Union Ministry information, the minimum pension is currently Rs 9,000, which can reach between Rs 17,280 to Rs 25,740 after the recommendations of the new Pay Commission. This growth will be determined on the basis of fitment factor. For example, if the fitment factor of 2.86 is implemented, the minimum basic salary of central employees can increase from the current of Rs 18,000 to Rs 51,480.
Unified Pension Scheme (UPS) starts
With the implementation of the 8th pay commission, Unified Pension Scheme-UPS can also be launched from 1 April 2025. Under this scheme, the minimum pension will be Rs 10,000 per month, but it will get the benefit to those employees who have worked for at least 10 years before retirement. The benefits of the Old Pension Scheme (OPS) and National Pension System (NPS) will be integrated under this new scheme.
When was the 8th Pay Commission formed?
Union Minister Ashwini Vaishnav gave information about the formation of the 8th Pay Commission on 16 January itself. Earlier, the recommendations of the 7th Pay Commission came into force from 1 January 2016. The new pay commission is going to improve the economic status of employees.
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The post 8th Pay Commission Pension: Very good news for central employees and pensioners, know when and how much will increase the benefit first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.