8th Pay Commission calculator: Check how much your basic pay could rise under fitment factors of 1.92 to 3.83
New Delhi, June 9 -- If the demand put forward by the Central Government Employees' Association is accepted, the minimum basic salary could see a sharp increase under the 8th Pay Commission. In fact, with the highest proposed fitment factor, the minimum basic pay may rise to nearly Rs.69,000. Here's how this calculation works and what it could mean for employees.
A fitment factor is a mathematical multiplier used by the Central Pay Commission to convert an employee's pre-revised basic salary (or pension) into the new, revised basic salary structure.
Following the fitment factor calculator is crucial because any change in the multiplier directly impacts salaries, pensions, increments and related arrears.
Earlier, the 7th Pay Commission ...
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