8th Pay Commission: Salary Hikes & Future Prospects for Government Employees

• Government employees and pensioners anticipate significant salary and pension revisions with the 8th Pay Commission due to rising inflation.
• The fitment factor is crucial, determining the increase in basic pay and pension; a higher factor means a larger hike.
• The 6th Pay Commission had a fitment factor of 1.92, increasing minimum basic pay from 3,200 to 7,440 rupees.
• The 7th Pay Commission applied a 2.57 fitment factor, raising minimum basic pay from 7,440 to 18,000 rupees.
• Experts estimate the 8th Pay Commission's fitment factor could range from 1.8 to 2.86, potentially doubling basic pay.

Why It Matters: The 8th Pay Commission is expected to significantly increase salaries and pensions for government employees.