What Is The Current Salary Of Central Govt Employees, And What Could It Be? News24 –

8th Pay Commission: The government is moving closer to officially notify the new Pay Commission. The terms of reference are likely to be sent to the Union cabinet for approval later this month or by early April. Once the terms of reference gets cabinet approval, official notification will be the next thing. Moreover, this will allow the commission to begin functioning.

Meanwhile, the Union Cabinet last week approved a 2% hike in Dearness Allowance (DA) and Dearness Relief (DR). With the latest raise, the DA/DR for the central government employees and pensioners now stands at 55%. The central government employees and pensioners waited quite too long for this hike. The hike is effective from January 1, 2025 and the central government will pay the arrears to cover the period from January to March.

What Is The Current Salary Of Central Govt Employees?

Under 7th Pay Commission, central government employees receive Rs 18,000 as minimum basic pay. Meanwhile, central government pensioners get Rs 9,000 as minimum basic pension.

At 2% hike, now the DA stands at 55%. If an individual has the current minimum basic salary of Rs 18,000, DA increase of 2% would translate into the increase of Rs 360 in his/her salary. Therefore, they will be paid Rs 27,900 per month, which comprises minimum basic salary and the DA.

DR too now stands at 55% with the latest increase. If an individual has the current minimum basic pension of Rs 9,000, DR increase of 2% would translate into the increase of Rs 180 in his/her pension. Therefore, they will be paid Rs 13,950 per month, which comprises minimum basic pension and the DR.

8th Pay Commission: What Could Be Salary Hike?

Experts predict that the 8th Pay Commission may consider the fitment factor ranging between 1.92-2.86. Considering these fitment factors, the potential pay revisions may range between 92-186%. 

Here’s the possible pay revision under the 8th Pay Commission:

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