8th pay commission: 44 lakh government employees and 68 lakh pensioners of the country are eagerly waiting for the implementation of the eighth pay commission. Earlier this year, the formation of the Eighth Pay Commission was approved by the Union Cabinet, so that the salary and pension of the central personnel could be amended. However, despite the formation of the Eighth Pay Commission, central personnel will have to wait a little to officially announce it.
How long will the eighth pay commission be implemented?
In fact, the recommendation of the Eighth Pay Commission is expected to be sent to the government by the end of 2025 this year. Mint, in his news, citing the report of Ambit Institutional Equities, said that it can be implemented from January 2026. However, when in fact the eighth pay commission will be implemented, it is dependent on how long its recommendation report is submitted to the government and how long is its approval to the Central Government.
It is believed that after the approval of this recommendation, the Eighth Pay Commission can be implemented in FY 2027. It has also been told in the report that after the recommendation of the Eighth Pay Commission recommendation, the salary and pension of the central employees can increase by about 30 to 34 percent.
How much salary will increase?
It has been said in the report that central employees will get 30-34 percent of salary and an increase in pension will cost the government about Rs 1.80 lakh crore. It is worth noting that after the recommendation of the Commission, salary, pension and allowance will increase according to the fitment factor. The most important thing is that the salary and pension of government employees depends on inflation, the needs of employees and the financial capacity of the government within the country.
On behalf of the Pay Commission, inflation, economic inequality and other things are also considered in the salary revision of central personnel, the economy of the country and other things. Also, bonuses, allowances and other facilities are also reviewed, which are given to central personnel with salary. It is worth noting that Pay Commission is formed every 10 years to review the salary of central employees. The Pay Commission was formed by the government in the year 1946.
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