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Pension Amendment Bill strongly opposed
Pension Amendment Bill strongly opposed

Hans India

time01-07-2025

  • Politics
  • Hans India

Pension Amendment Bill strongly opposed

Visakhapatnam: Opposing the Pension Amendment Bill approved by the Union government in the Budget which was detrimental to all pensioners, Pensioners Associations of Waltair Division staged a dharna here on Monday. As per the call given by the National Co-Ordination Committee of Pensioners Associations of New Delhi, a human chain was formed by the members of pensioners associations. The protesters pointed out that the Amendment, adopted as part of the Finance Bill, empowers the Centre to classify its pensioners and create or maintain distinction among pensioners as deemed expedient for implementing recommendations of the Central Pay Commissions. They alleged that the move was anti-pensioner and anti-working class. The pensioners urged to constitute 8th CPC with immediate effect without further delay and without any parity among pensioners as it is the right of the employee not alms. Later, a memorandum was submitted to Divisional Railway Manager Lalith Bohra seeking solution to their issues.

8th pay commission formal announcement awaited: What is fitment factor and how does it affect salary?
8th pay commission formal announcement awaited: What is fitment factor and how does it affect salary?

Hindustan Times

time13-06-2025

  • Business
  • Hindustan Times

8th pay commission formal announcement awaited: What is fitment factor and how does it affect salary?

The 8th Pay Commission was approved by the Union Cabinet on January 16 for revising the salaries of central government employees. However despite the government approval, an official announcement is still awaited. Currently the salary structure for central employees follows the recommendations of the 7th Pay Commission which came into effect in 2016. Several government employees are still waiting for the release of the terms of Reference for 8th Pay Commission. A fitment factors points out to how much the revised salary will be on the base salary. It refers to the multiplication unit which is used for revising the base salaries and pensions of government employees. A fitment factor of 2.57 means a 157 per cent increase in salary. For the 7th pay commission, the fitment factor of 2.57 led to the salary hike from ₹7,000 to Rs. 18,000. The revision of salary depends on the fitment factor, which is a multiplier applied to current basic pay. In the current 7th Pay Commission the fitment factor was at 2.57. While the term of the 7th Pay Commission is going to end on 31 December 2025, there are no official announcement related to the 8th pay commission. Since 1947, there have been seven Central Pay Commissions. A new pay commission is set up every 10 years to introduce revisions in the salaries of Central employees and pensioners. According to reports, there could be a rise in the basic pay in Level 1 in the range of ₹18,000 to ₹51,480. While the changes for level 2, which includes lower division clerks, can be a hike to ₹56,914. For level 3 this raise could be from ₹21,700 currently to ₹62,062. This will keep going up as the Levels go higher with the Level 10, which includes Group A officers, expected to get a hike to ₹1,60,446, according to an NDTV report.

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