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8th Pay Commission May Raise Level 7 Pension to ₹57,697

8th Pay Commission May Raise Level 7 Pension to ₹57,697
8th Pay Commission: Can Level 7 pension rise from ₹22,450 to ₹57,697? Check the calculation · livemint.com

The government has created the 8th Pay Commission to study possible changes to salaries, allowances and pensions.

A Level 7 employee currently has a minimum basic pension of ₹22,450.

The article tests what might happen if this amount is multiplied by different fitment factors.

With a factor of 2.57, the pension would become about ₹57,697 per month.

This is only an example, not an approved pension amount.

Pensioner and employee groups want larger increases and other retirement-benefit changes.

The commission is expected to submit its report around May or June 2027.

The government will make the final decision after considering the report.

Key facts

Current Level 7 minimum pension
₹22,450 per month
Illustrative Level 7 pension at 2.15
₹48,268 per month
Illustrative Level 7 pension at 2.28
₹51,186 per month
Illustrative Level 7 pension at 2.57
₹57,697 per month
Current pension formula
Generally 50% of last basic pay or the average basic pay of the last 10 months, whichever is higher.
Commission tenure
The commission has an 18-month stipulated tenure.
Proposed pension demands
Some organisations seek to raise Old Pension Scheme pension from 50% to 67% of last-drawn pay and extend One Rank, One Pension-style benefits to civilian pensioners.

Sources

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