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Minister Pankaj Chaudhary has given the update on the 8th pay commission in a written reply to the Rayja Sabha.
The 8th Pay Commission is expected to fix a fitment factor between 1.92 and 2.86.
8th Pay Commission: Bringing a cheerful smile on over 1 crore central government employees and pensioners, Minister of State in the Ministry of Finance Pankaj Chaudhary in a written reply to the Rajya Sabha, said that the government has received inputs from various stakeholders and will announce the official notifications in “due course”, according to a report by Financial Express.
Chaudhary noted that the 8th pay commission will make its recommendations within the stipulated timeline that will be given in the ToR.
After an unexpected delay in the constitution of the 8th Pay Commission since the announcement in January 2025, the Central government had geared up to expedite the process by taking consultations with key stakeholders including states, the Ministry of Defence, the Ministry of Home Affairs, and the Department of Personnel and Training, as informed by the Finance Ministry in the Parliament on Monday.
He added that the chairperson and members of the 8th CPC will be appointed once the commission is formally notified by the government.
Every 10 year the government revises the basic salary of its employees and pensions of pensioners in align with the rising cost of living and other expenses.
More than six months after the Centre announced the formation of the 8th Central Pay Commission (CPC), there has been little to no progress on the ground. The expected timeline is now slipping, raising concerns among central government employees and officials alike.
The 7th Pay Commission was implemented in 2016, with revisions effective from January 1 that year. As per the 10-year cycle, the 8th CPC was expected in 2024–25, but delays have sparked concern among government staff and pensioners amid rising inflation.
This commission is set to guide future pay revisions for millions of central government employees and pensioners.
Over 1 crore central government employees and pensioners have been awaiting further details on the 8th Pay Commssion since the announcement of formation in January 2025. While the effective date of the increased income and pensions is six months away, the Centre has yet to finalized the detailed ToR.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
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