A report discussed in Indian media says the upcoming 8th Central Pay Commission is expected to consider keeping the fitment factor close to the 7th Pay Commission’s 2.57 multiplier. The fitment factor is the rate used to calculate the revised pay levels for central government employees and pensioners. According to the report, the commission is weighing the fiscal burden that revised salaries and pensions would place on both the central government and state finances. This assessment is presented as a key factor shaping the eventual recommendation, with the report indicating that a figure near 2.57 could be retained to manage cost implications. The sources do not provide final confirmation or specific timelines, but they point to the fiscal impact as the main consideration behind the projected direction of the fitment factor. The discussion remains within the context of estimates and reporting rather than an official announcement.
8th Pay Commission likely to keep fitment factor near 2.57, report says
A report discussed in Indian media says the upcoming 8th Central Pay Commission is expected to consider keeping the fitment factor close to the 7th Pay Commission’s 2.57 multiplier. The fitment factor...
- A report says the 8th Pay Commission may keep the fitment factor near the 7th Pay Commission’s 2.57 multiplier.
- The fitment factor is used to revise salaries and related payments for central government employees and pensioners.
- Fiscal impact on the Centre and states is described as a major factor being considered.
- The reports present the figure as likely/estimated, not as an official final decision.
The 8th Pay Commission is likely to retain a fitment factor close to the 7th Pay Commission's 2.57 multiplier as it weighs the fiscal impact on the Centre and states, according to a report.
2 months agoThe 8th Pay Commission is likely to retain a fitment factor close to the 7th Pay Commission's 2.57 multiplier as it weighs the fiscal impact on the Centre and states, according to a report.
2 months ago
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