Under the 8th Pay Commission, the salary will increase just like it happened when the 7th Pay Commission was implemented. Salary and pension of employees…
The 8th Pay Commission is going to be formed soon. It has been proposed to implement it by January 2026, regarding which State Finance Minister Pankaj Chaudhary has informed that the process of consultation with the state governments, Finance Ministry and related departments is going on regarding the 8th Pay Commission. It will be implemented soon.
Under this commission, the salary, pension and allowances of central government employees and pensioners will increase. There will be a tremendous jump in the basic salary of the employees. Along with this, dearness allowance and fitment factor will also increase, which will benefit the employees and pensioners. Let’s understand how much your salary can increase…
Employees’ salary will increase with this formula
Under the 8th Pay Commission, the salary will increase just like it happened when the 7th Pay Commission was implemented. Ackroyd formula will be used to increase the salary and pension of the employees.
What is this formula?
Dr. Wallace Ackroyd introduced this formula, which was designed to determine the minimum cost of living. In this formula, it was told that the salary should be calculated on the basis of the nutritional needs of the average employees. While making this formula, the needs of the employees like food, clothing and housing were kept in mind. This formula was adopted by the 15th Indian Labour Conference (ILC) in 1957.
This formula was also applied on the 7th Pay Commission
Using this formula, the salary of the employees was also increased under the 7th Pay Commission. After the implementation of the 7th Pay Commission, the basic salary of the employees increased from Rs 7000 to Rs 18000. A fitment factor of 2.57 was applied to update the salary and pension of the employees. This fitment factor was decided by the Akroyd formula.
Salary will increase 3 times under the 8th Pay Commission!
It is estimated that as soon as the 8th Pay Commission is implemented, there will be a bumper jump in the salary of the employees. There can be an increase of about 3 times in the basic salary, which will be possible under the Akroyd formula. If this formula is also used under the 8th Pay Commission, then the calculation of salary and pension will be based on 2.86 fitment. This means that the minimum basic salary can increase from Rs 18000 to Rs 51480. At the same time, the pension will increase from Rs 9000 to Rs 25740.
