8th Pay Commission: Can a bigger annual increment lead to better pay than a higher fitment factor over 10 years?
New Delhi, Nov. 13 -- The 8th Pay Commission completed a year since its constitution this month. This is a temporary three-member panel, headed by Justice Ranjana Prakash Desai, responsible for hearing the views of eligible unions and associations and drafting its final recommendations for the central government.
The 8th Pay Commission's salary revision will depend on two critical factors: the fitment factor and the annual increment rate. A higher fitment factor yields a larger increase in basic pay; a higher annual increment can deliver stronger long-term salary growth.
In the 6th and 7th Pay Commissions, central government employees received fitment factors of 1.86 and 2.57, respectively. In the 7th Pay Commission, the annual incremen...
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