1 week ago

8th Pay Commission: Salary Estimates Under 3.83, 4.0

8th Pay Commission: Salary Estimates Under 3.83, 4.0
8th Pay Commission: How much will salaries rise if fitment factor is 3.83 or 4.0? Check calculations · livemint.com

The 8th Pay Commission will recommend a new pay structure for central government employees and pensioners.

A fitment factor is a number used to multiply a worker’s current basic pay.

Some employee and pensioner groups want the factor to be 3.83 or 4.0.

If someone earns basic pay of ₹18,000, the estimated new basic pay would be ₹68,940 at 3.83.

At 4.0, it would be ₹72,000.

These figures are only examples and are not final salaries.

Other payments, such as dearness allowance, house rent allowance and transport allowance, could change the final monthly salary.

The government will decide after the commission submits its recommendations and they are accepted.

Key facts

Previous fitment factors
The 6th Pay Commission used 1.86, while the 7th Pay Commission used 2.57.
Proposed factor by AIFPA
The All India Federation of Pensioners’ Associations suggested 3.83.
Proposed factor by BPMS
The Bharatiya Pratiraksha Mazdoor Sangh suggested 4.0.
₹18,000 basic pay estimate
₹68,940 at a 3.83 factor and ₹72,000 at a 4.0 factor.
Level 6 estimate
Basic pay of ₹35,400 could become ₹1,35,582 at 3.83 or ₹1,41,600 at 4.0.
Level 10 estimate
Basic pay of ₹56,100 could become ₹2,14,863 at 3.83 or ₹2,24,400 at 4.0.
Status
The calculations are illustrative, and no final fitment factor has been announced.

Sources

Related news