Big Boost for Government Employees: Salary and Pension May Increase by 92%!

Big Boost for Government Employees: Salary and Pension May Increase by 92%!

Bangla Hunt Desk: A major update is coming for government employees. According to reports, the 8th Pay Commission may lead to a significant increase in salaries and pensions for central government employees and retirees. If the proposed fitment factor of 1.92 is implemented, the minimum salary could rise from ₹18,000 to ₹34,560, representing a 92% increase.

The central government has already approved the formation of the 8th Pay Commission, and there are expectations that salary and pension hikes could take effect within the next few months. Experts suggest that if the fitment factor is increased to 2.57, salaries could increase by as much as 157%, raising the minimum salary to ₹46,260. However, former Finance Secretary Subhash Garg believes that the demand for a 2.86 fitment factor is unrealistic, and a 1.92 fitment factor may be the final choice.

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