New Delhi, Nov. 3 -- The 8th Central Pay Commission (CPC) is in its consultation stage, gathering input from central government employees, pensioner groups, unions and other stakeholders before it makes its final recommendations in May next year.

Established by the central government every 10 years to revise the allowances, pay and pensions of its employees, the pay commission or CPC, is responsible for decisions on contributions, retirement benefits and government spending.

The 8th CPC is chaired by former Supreme Court Justice Ranjana Prakash Desai, with Pankaj Jain, a former IAS officer as Member-Secretary, and Professor Pulak Ghosh, a tenured Professor of Finance and Member of the Economic Advisory Council to the Prime Minister as M...