The 8th Pay Commission has been officially approved by the central government. This decision was made during a cabinet meeting led by Prime Minister Narendra Modi. Central Minister Ashwini Vaishnaw has announced the news. Which made more than 1Crore central government employees happy in an instant. The new commission will help around 48.67 lakh central government employees and 67.95 lakh pensioners.
When Will the 8th Pay Commission Start?
The 8th Pay Commission is expected to start on January 1, 2026. This is because usually a new pay commission is formed after about every ten years. The 7th Pay Commission, which is currently in place, began in 2016 and will last until December 31, 2025. This is the reason everyone was hoping for the approval of 8th Pay Commission.
Steps to Set Up the Commission
- Choosing Members: The government will soon pick a chairman and two members for the 8th Pay Commission.
- Report Submission: The commission needs to give its report by 2026, which will include suggestions for changing salaries and pensions.
- Talks with Other Governments: After the report is ready, there will be discussions with state governments and public sector companies to finalize the suggestions.
- Putting Changes into Action: Once the government reviews the report, it will decide how to implement the new pay structure.
Possible Changes in Salaries and Pensions
The new pay commission might bring big changes to salaries and pensions:
- If the fitment factor goes up from 2.57 to 2.86, the minimum basic salary could increase from ₹18,000 to about ₹51,480.
- Pensioners might see their monthly pensions rise from ₹9,000 to at least ₹25,740.
