Tuesday, 02 January 2024 12:17 GMT

8Th Pay Commission: Rs 51,480 Basic Salary, Rs 36,000 Pension Likely In 2026


(MENAFN- AsiaNet News) The 8th Pay Commission is expected to be implemented by the government in 2026. Salary increases will be based on the fitment factor, and the minimum pension may be raised.The 8th Pay Commission is expected to be implemented in 2026. While the government has announced the formation of the 8th Pay Commission, it has not yet been implemented. An announcement is expected soon.Based on the fitment factor, the salaries of central government employees and pensioners will be increased. This time a 2.86 fitment factor may be recommended.The minimum pension will be increased from Rs.9,000 to Rs.36,000. The 8th Pay Commission may reduce the pay disparity between government and private sectors.The 8th Pay Commission is expected to be formed by 2026. It is expected to be implemented in 2026. Once the new pay commission is implemented, there will be a substantial increase in salaries.

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