8th Pay Commission: Salary Hikes Under 6th, 7th CPC & What's Next

• Government employees and pensioners eagerly await the 8th Pay Commission for significant salary and pension revisions due to rising living costs.
• The fitment factor is crucial, determining salary increases by multiplying existing basic pay; a higher factor means a bigger jump.
• The 6th Pay Commission had a 1.92 fitment factor, increasing minimum basic pay from Rs 3,200 to Rs 7,440 and maximum from Rs 30,000 to Rs 90,000.
• The 7th Pay Commission used a 2.57 fitment factor, raising minimum basic pay to Rs 18,000 and maximum to Rs 2,50,000.
• Experts estimate the 8th Pay Commission's fitment factor could range from 1.8 to 2.86, with a higher figure promising substantial pay increases.

Why It Matters: The 8th Pay Commission is expected to bring significant salary and pension hikes, with the fitment factor being key.