The 8th Pay Commission aims to enhance salary structure and align them with current economic conditions. It is likely to overhaul pay structures, improve transparency, and align compensation with current inflationary and economic trends. (Image: File Pic)
The 7th Pay Commission formed in 2014 and implemented in January, 2016, raised minimum basic pay from Rs 7,000 to Rs 18,000 per month. Additionally, the fitment factor was set at 2.57, meaning salaries were multiplied by this factor when migrating from the old pay structure. (Image: File Pic)
Under the 7th Pay Commission, Dearness Allowance (DA), House Rent Allowance (HRA), and transport Allowance were revised to reflect inflation. (Image: Canva)
Minimum pension was increased from Rs 3,500 to Rs 9,000 per month. It was introduced a 19-level pay matric, a simplified chart that brought more transparency to the pay system. (Image: Canva)
Now, the 8th Pay Commission suggest that basic pay could rise to between Rs 34,500 and Rs 41,000 per month. Fitment factors is likely to increase to 2.86, along with a fresh review of DA, HRA, and TA in line with current inflation and cost-of-living indicators. (Image: Canva)
Furthermore, stronger mechanism for timely pension disbursal and automatic adjustments under the new matrix is also expected. (Image: Canva)
An introduction of Performance-Linked Incentives, meaning productivity-based pay to reward efficiency and high-performing staff might also take place. (Image: Canva)
Hence, the 8th Pay Commission is projected to benefit over 49 lakh central government employees and 65 lakh pensioners across the country. (Image: File Pic)
