7th Pay commission: Due to the fitment factor being fixed at 2.57, the minimum salary of central employees has directly increased from Rs 6000 to Rs 18000.
The salary of about 52 lakh 7th pay commission central employees has been increased from July 1. While the employees are eagerly waiting for the DA to be 31% and they are excited by this news. However, the 7th pay commission is the fitment factor which is going to affect their monthly salary. This 7th Pay Commission fitment factor has suddenly become a topic of discussion for Central Government Employees (CGS) soon after the Center announced a hike in Dearness Allowance (DA). According to the 7th CPC fitment factor, the 7th CPC salary of a central government employee is decided.
After the restoration of 11% DA, the DA of a central government employee has increased to 28% from the existing 17 percent. The 7th CPC fitment factor has been fixed at 2.57 while implementing the 7th Pay Commission, and the employee’s monthly basic salary and monthly contributions such as provident fund (PF), gratuity are expected to increase from July. 7th Pay Commission (7th pay commission) The fitment factor will help in deciding the monthly basic pay by multiplying the basic pay by the fitment factor.
Due to the fitment factor being fixed at 2.57, the minimum salary of central employees has directly increased from Rs 6000 to Rs 18000. However, if it is increased to 3, then the minimum salary can increase up to Rs 26000. For example, if your basic salary is Rs 20,000, then his salary excluding allowances will be 20,000 X 2.57 = Rs 51400. If this is taken as 3 then the salary will be 20000 X 3 = Rs 60000
Monthly PF is decided on the basis of one’s basic salary and DA. He said this means that in case of increase in DA, one’s PF contribution is expected to increase, which will make the retirement corpus of a central government employee more. The 7th CPC fitment factor helps in deciding the basic salary of an employee.
It may be noted that with the implementation of the 7th CPC in 2016, it was ensured that the minimum wage of a Central Government employee shall not be less than 50% of the basic pay. As per the recommendation of the 7th Pay Commission, the rate of annual increment is being kept at 3%. When it comes to calculating the monthly salary of a Central Government Employee (CGS), the 7th CPC fitment factor is applicable.
As a result of which salary is calculated. After the introduction of 7th CPC (Central Pay Commission) the fitment factor was one of the most concern among the Central Government employees. As per the 7th Pay Commission guidelines, the salary of a Central Government employee is determined by his basic pay and fitment factor, without allowances.
