New Delhi, April 30 -- Established by the central government every 10 years to revise the allowances, pay and pensions of its employees, the Central Pay Commission (CPC) is responsible for decisions on contributions, retirement benefits and government spending.
All central government employees and retired former servicemen are impacted by the revisions. The current panel is the Centre's eight since Independence.
Constituted by Prime Minister Narendra Modi last year, the 8th CPC is set to make big decisions on salary hikes and fitment factor, based on which updated compensation for central government employees and pensioners will be finalised. It had issued Terms of Reference (ToR) in November last year and since then, there has been muc...
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