8th Pay Commission update: Some time ago the Government of India announced the 8th Pay Commission, under which the increase in salary of government employees is being said. Let us tell you that the Pay Commission in India plays an important role in determining the salaries and allowances of Central Government employees and pensioners. Once applied, it remains effective for at least 10 years. Out of the 140 crore population of the country, about 1 crore people are current or former employees of the Central Government, who are waiting for the 8th Pay Commission.
Preparation of 8th Pay Commission
The 7th Pay Commission was formed by the UPA government in 2014, which was implemented by the NDA government in 2016. Now everyone’s eyes are on the 8th Pay Commission. The terms of reference for this (TOR) are expected to be finalized by April. The employee side of the National Council Joint Consultative Machinery (NC-JCM) has sent a TOR proposal to the Department of Personnel and Training (DOPT).
What will be the possible conditions of the Eighth Pay Commission?
This time there may be major changes in the salary and pension of central government employees. Under this, the salary structure of all employees will be reviewed and merger of non-convertible pay scales will be considered so that career development can be improved.
The minimum wage will be determined on the basis of Acroid Formula and 15th Indian Labor Conference.
Along with this, there is a proposal to include dearness allowances in basic salary and pension, which can increase financial security.
Equal pension, gratuity and family pension will be improved. The old pension scheme (OPS) has been demanded to be restored for employees appointed after 1 January 2004.
CGHS (Central Government Health Scheme) will be restructured to provide cashless and hassle -free health services. It has been suggested to increase education allowance and hostel allowance for children up to postgraduate level.
Will you get 100% increment?
NC-JCM Staff Side Leader M. Raghavaiya recently said in an interview that Fitment Factor 2 is being considered in the new Pay Commission. This would mean that there is a possibility of 100% increase in salary. Currently, the minimum basic salary under the 7th Pay Commission is Rs 18,000 per month and the original pension is Rs 9,000.
If the Fitment Factor 2 is applied, the minimum basic salary is Rs. Will be 1,00,000. 36,000 and minimum pension Rs. Can be 18,000.
