8th Pay Commission: The 8th Pay Commission is bringing great hope for the central government employees. After the implementation of the 8th Pay Commission, a huge increase in the salary and allowances of all government employees is expected.
8th Pay Commission: The 8th Pay Commission is bringing great hope for the central government employees. After the implementation of the 8th Pay Commission, a huge increase in the salary and allowances of all government employees is expected. Under this commission, not only the basic salary will increase, but house rent allowance, travel allowance, children’s education allowance and other allowances will also be revised. All this change will be based on the fitment factor. The fitment factor will decide how many times the salary of the employees will increase.
This news is very important for those doing government jobs. Along with the salary, this change will also have a direct impact on facilities like HRA, TA, NPS and CGHS. However, this change will be implemented only after the announcement and report of the commission. At present, this estimate is based on the fitment factor of 2.08.
What is the fitment factor?
- The fitment factor in the 6th Pay Commission was: 1.86
- It was increased to 2.57 in the 7th Pay Commission
- Possible fitment factor in the 8th Pay Commission: 2.08
If the fitment factor of 2.08 is implemented in the 8th Pay Commission, then apart from the basic salary of all the employees, many allowances are sure to increase.
Who decides the salary?
The Pay Commission consists of retired judges, senior economists, experienced officers and experts. They prepare a report after talking to trade unions and departments. The government takes a final decision on the report and then the salary is implemented.
Now let us know how much salary can be at which level in the 8th Pay Commission.
Grade 1900 (Level 2, Basic Rs 21,700)
New Basic Salary: Rs 45,136
HRA (24%): Rs 10,833
TA: Rs 1,350
Gross Salary: Rs 57,319
NPS Deduction (10%): Rs 4,514
CGHS: Rs 250
Net Salary: Rs 52,555
Grade 2400 (Level 4, Basic Rs 30,500)
New Salary: Rs 63,440
HRA: Rs 15,226
TA: Rs 3,600
Gross: Rs 82,266
NPS: Rs 6,344
CGHS: Rs 250
Net: Rs 75,672
Grade 2800 (Level 5, Basic Rs 34,200)
New Salary: Rs 81,536
HRA: Rs 19,569
TA: Rs 3,600
Gross: Rs 1,04,705
NPS: Rs 8,154
CGHS: Rs 250
Net: Rs 96,301
Grade 4200 (Level 6, Basic Rs 41,100)
New Salary: Rs 85,488
HRA: Rs 20,517
TA: Rs 3,600
Gross: Rs 1,09,605
NPS: Rs 8,549
CGHS: Rs 450
Net: Rs 94,883
Grade 4800 (Level 8, Basic 50,500 Rs)
New Salary: Rs 1,05,040
HRA: Rs 25,210
TA: Rs 3,600
Gross: Rs 1,33,850
NPS: Rs 10,504
CGHS: Rs 650
Net: Rs 1,13,190
Grade 5400 (Level 9, Basic Rs 67,200)
New Salary: Rs 1,39,776
HRA: Rs 33,546
TA: Rs 7,200
Gross: Rs 1,80,522
NPS: Rs 13,978
CGHS: Rs 650
Net: Rs 1,46,583
Grade 5400 (Level 10, Basic 80,000 Rs)
New Salary: Rs 1,66,400
HRA: Rs 39,936
TA: Rs 7,200
Gross: Rs 2,13,536
NPS: Rs 16,640
CGHS: Rs 650
Net: Rs 1,67,973
