8th pay commission: Speculation over fitment factors of 1.83, 2, 2.57, 3.83 and 4-We calculate salary increase for each
New Delhi, Oct. 27 -- The 8th central pay commission (CPC) is in its consultation stage, gathering inputs from central government employees and pensioner groups, unions and stakeholders before it makes its final recommendations in May next year.
Former Supreme Court Justice Ranjana Prakash Desai is the Chair, and the panel includes Member-Secretary - Pankaj Jain, a former IAS officer, and Member of the Commission - Professor Pulak Ghosh, a tenured Professor of Finance and Member of the Economic Advisory Council to the Prime Minister.
The panel is expected to examine and recommend changes that are desirable and feasible in the emoluments, including pay (usually includes salary structure, pay matrix), allowances (usually include DA, Dearn...
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