8th Pay Commission: Every ten years, the government forms a Pay Commission with the purpose of making adjustments to the central employees’ compensation structure. On the basis of its suggestions, central personnel’ pay are determined. Seven pay commissions have been established thus far. In the nation, the first pay commission was established in January 1946.
Establishment of the Seventh Pay Commission
In a similar vein, on February 28, 2014, the preceding pay commission, or seventh, was established. In 2016, the commission’s recommendations were put into practice. The central staff is currently anticipating the eighth pay commission with great anticipation. It was thought that in the election year, he may receive excellent news. However, the administration has reiterated that it is not currently considering any proposal to establish an eighth pay commission.
Government’s Firm Stand
In response to a written question in the Rajya Sabha, State Minister of Finance Pankaj Chaudhary stated that the government is not currently considering any proposals to create the Eighth Pay Commission.
The administration has often stated that it should not be necessary to form a second Pay Commission in order to examine the salaries, benefits, and pensions provided to central employees and retirees in accordance with the suggestions made by the Seventh Pay Commission.
However, development of a new system to examine and modify the pay matrix is necessary. The government is developing a mechanism that will raise employee salaries in accordance with their output.
Composition of Eighth Pay Commission
It is anticipated that organisations related to pensions and employees would make up the eighth pay commission. There are currently 67.85 lakh pensioners and 48.62 lakh central employees in the nation. The dearness allowance for central staff may shortly be announced by the government.
Twice a year, the dearness allowance is doubled. Senior citizens also receive relief from dearness. There will be two increases in DA: the first will take effect from January to June, and the second will take effect from July to December. At the moment, it represents 46% of the base pay.