Saturday , December 28 2024

Good news for central employees! Can get 2.86 fitment factor; Know how much salary will increase

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8th pay commission fitment factor: Discussions have intensified regarding the 8th Pay Commission for central employees. Especially a heated debate is going on on the fitment factor, which is the main basis for revision of salary and pension. Shiv Gopal Mishra, Secretary, National Council of Joint Consultative Machinery (NC-JCM) has recently demanded to increase the fitment factor. He says that this step is very important in view of inflation.

What is fitment factor and why is it important?

Fitment factor is the coefficient through which salary and pension are revised. The 7th Pay Commission had suggested a fitment factor of 2.57, increasing the minimum salary from ₹7,000 to ₹17,990. Now in the 8th Pay Commission it has been suggested to keep the fitment factor at 2.86. If this demand is accepted then the minimum salary can go up to ₹ 51,451.

How much will the salary increase?

If the fitment factor of 2.86 is implemented in the 8th Pay Commission, then the minimum salary of central employees may increase from the current ₹ 17,990 to ₹ 51,451. This increase is said to be necessary in view of inflation and rising inflation. However, there are some rumors that the minimum salary could be between ₹34,000 to ₹35,000, but Shiv Gopal Mishra dismissed these reports and said that there is no such official confirmation.

When will the 8th Pay Commission be formed?

No official information has been given by the government yet regarding the 8th Pay Commission, but it is expected that it will be formed in 2026. Central employees and pensioners are eagerly waiting for this. All eyes are on whether the government will make appropriate and timely amendments keeping in mind the inflation and rising inflation.