The World Opinion

Tag: 8th CPC

  • Budget 2024: Demands To Set Up 8th Pay Commission Pressed Before FM Sitharaman | Personal Finance News

    New Delhi: With just a week remaining for the Union Budget 2024 to be presented in Parliament by Finance Minister Nirmala Sitharaman, S B Yadav, Secretary General of the Confederation of Central Govt Employees and Workers has written a letter to the Cabinet Secretary, demanding the constitution of the 8th Pay Commission. 

    In the letter, the top three demands that have been put forth are –Immediate Constitution of 8th Central Pay Commission, Scrapping of NPS and Restoration OPS; and Releasing of 18 months DA/DR which was frozen during the COVID -19 Pandemic to employees and Pensioners.

    The following are the Charter of Demands that have been proposed by Yadav in his letter.

    1. Immediate Constitution of 8th Central Pay Commission.

    2. Scrap NPS, Restore OPS for all employees.

    3. To Release 18 months DA/DR which was frozen during the COVID -19 Pandemic to employees and Pensioners, Restoration of commuted part of pension after 12 years instead of 15 years at present.

    4. Remove 5% ceiling on Compassionate Appointment, grant compassionate appointment to all the wards/Dependents of the deceased employee.

    5. Fill up all vacant posts of all the cadres in all Departments, stop outsourcing and contractorization in Government Departments.

    6. Ensure Democratic functioning of Association/Federations as per provisions of JCM mechanism: (A) Grant recognition to Association/Federations which are pending, Withdraw the de-recognition orders of Postal Gr. C Union, NFPE, ISROSA. (B) Stop imposition of Rule 15 1(c) on service Association/Federations.

    7. Regularize Casual, Contractual labours and GDS employees, grant equal status to employees of Autonomous Bodies to that of CG Employees.

    8th Pay Commission Proposal Previously Sent

    A couple of weeks ago, the proposal to set up the 8th Central Pay Commission was sent by Shiv Gopal Mishra, Secretary, National Council (staff side, Joint Consultive Machinery for central government employees) to the Modi government.

    In his letter to the Cabinet Secretary, Mishra has urged the government to set up the 8th Pay Commission and deliberate on pay and allowances revisions.

    The 8th Central Pay Commission, once set up and recommendations are accepted, will impact the salary brackets of approximately 49 lakh government employees and 68 lakh pensioners.

    The pay commission is usually implemented after a gap of 10 years. Since the recommendations of the 7th Pay Commission was accepted in 2016, the next will be in effect in 2026.

    If the government decides to set up the 8th pay commission, it will require over a year or 18 months for its recommendations to be submitted. And once 8th Pay Commission recommendations are accepted by the government, it is most likely that it will be implemented by 2026, as per media reports.

     

  • 8th Pay Commission: Expected Salary Hike, Fitment Factor, Implementation Date And All Other Details | Personal Finance News

    New Delhi: With the Modi government staking claims at the centre for the third time, a lot of speculations have also started yet again regarding the formation of the 8th Central Pay Commission that will impact the salary brackets of approximately 49 lakh government employees and 68 lakh pensioners.

    Govt In July 2023 Said No Proposal For Formation Of 8th Central Pay Commission

    Meanwhile, amidst a lot of ongoing speculations among the central government employees regarding the update on the 8th Central Pay Commission, Janata Dal Party’s Ram Nath Thakur raised pertinent questions during the Rajya Sabha session on July 25, 2023. The focus of the inquiries was on matters concerning the pay and pension for Central employees.

    Responding to the query, then Minister Of State For Finance Pankaj Chaudhary big update on the setting up of the 8th pay commission. The question was raised in the Rajya Sabha as the rate of DA/DR is projected to cross 50 percent or even more from January 2024, whether the Central Government proposed to set up Eighth Central Pay Commission or not. Chaudhary, responding to the question said that there is no such proposal is under consideration of the Government. 

    8th Central Pay Commission Formation Gaining Traction After 2024 LS Elections

    However, with the Lok Sabha Elections now over, the news around the formation of 8th Central Pay Commission is yet again gaining traction.

    8th Pay Commission Expected Implementation Date

    If the government decides to set up the 8th pay commission, it will require over a year or 18 months for its recommendations to be submitted. And once 8th Pay Commission recommendations are accepted by the government, it is most likely that it will be implemented by 2026, as per media reports.

    8th Pay Commission Expected Pay Hike

    Usually the recommendation of the pay commission over the salary hike of employees is based on fitment factor. Incase the 8th Pay Commission is set up for recommendations, it is most likely that the fitment factor will be set at 3.68 times. Now, considering  the minimum basic salary of government employees at Rs 18,000, they can expect a hike of Rs 8,000 to Rs 26,000 in their basic pay, if fitment factor of 3.68 times is placed upon.


    7th Central Pay Commission Notified In 2016

    Bringing huge relief for lakhs of Central Government employees, the implementation notification of the 7th Pay Commission was issued in July 2016, thereby paving the way for the employees to get the revised pay from their August salaries.

    The Government after consideration decided to accept the recommendations of the Commission in respect of the categories of employees covered in its terms of reference of the Commission’s recommendations on Minimum Pay, Fitment Factor, Index of Rationalisation, Pay Matrices and general recommendations on pay without any material alteration with the following exceptions in Defence Pay Matrix in order to maintain parity in pay with Central Armed Police Forces.