8th Pay Commission: Know the big jump in salary, 5 big things related to 8th pay commission

News India Live, Digital Desk: 8th Pay Commission: Once every ten years, there is a major change in the lives of millions of government employees and pensioners of the country. This change brings a hopes, brings a big reward of some relief from inflation and years of hard work. The name of this change is – Pay Commission.

Right now the 7th Pay Commission is implemented in the country, which was brought in 2016. Now that 10 years are about to be completed, the discussion of the 8th Pay Commission and the round of expectations has started.

So what is this 8th pay commission, and how can it affect you and our lives? Come, let’s understand it in very easy language.

Why is the 8th Pay Commission talking?

According to tradition, the government creates a new pay commission every 10 years. This commission recommends increasing inflation, living expenses and other needs of government employees to increase salary and pension. The 7th Pay Commission came into force in 2016, so now the 8th Pay Commission is expected around 2025-26.

What will change and how will salary increase?

Two things are the most discussed in the Pay Commission:

1. Fitment Factor: This is a kind of ‘magical number’, which is fixed by multiplying your basic salary (original salary). It was 2.57 times in the 7th Pay Commission. It is now expected that by increasing it in the 8th Pay Commission 3.68 times Can be done. If this happens, the minimum basic salary of the employees may see a big boom.

2. Dearness Allowance – da: This is the money that the government gives you to fight the rising inflation. According to a rule, when the DA reaches 50%, it is added to the basic salary. It is expected that at the time of the 8th Pay Commission, there is something similar, which will increase the salary even more.

What is special for pensioners?

This good news is not just for the job employees. Whenever the new Pay Commission arrives, there is also a significant increase in the pension of retired employees. This will bring a big relief for millions of pensioners who depend on pension for the needs of their lives.

so what happens now?

However, no official announcement has been made by the government to form the 8th Pay Commission so far, but in view of the demand and old tradition of the employees, a round of expectations has started. Millions of families are waiting for this big news, which can improve their future.

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