8th Pay Commission: Central government employees and pensioners are eagerly waiting for the 8th Pay Commission, hoping for a significant salary hike. Reports suggest that the new pay commission will bring major changes, including an increase in minimum salary, Dearness Allowance (DA), and House Rent Allowance (HRA). However, the government has not yet formed a committee to work on it.
Let’s take a look at what to expect from the 8th Pay Commission and when it might be implemented.
Salary Hike & Higher Allowances Expected
If the 8th Pay Commission is implemented, employees can expect a big jump in their basic salary. Along with this, allowances like HRA and DA are also likely to increase. The commission is expected to improve salary structures, pension benefits, and other allowances to match the rising cost of living.
The Fitment Factor, which plays a key role in salary revision, is also expected to increase. This means better financial benefits for both employees and pensioners.
How Much Salary May Increase?
According to reports, there could be a major revision in HRA for employees in metro cities and rural areas. Those living in Tier-1 cities may receive a higher House Rent Allowance.
Similarly, DA is also expected to rise as it helps employees deal with inflation and increased living expenses. Some reports suggest that the minimum salary could increase in the range of ₹19,000 to ₹45,000 once the new pay commission is implemented.
When Will the Committee Be Formed Under the 8th Pay Commission?
Union Minister Ashwini Vaishnaw had earlier stated that a committee will be formed to study the needs of central government employees. This committee will consider rising inflation and employee requirements before making recommendations to the government.
The committee formation is expected to take 2 to 6 months, and if all goes as planned, the 8th Pay Commission could be fully implemented by January 2026.