Pension in 8th Pay Commission: How much hike pensioners can expect, will there be a change in UPS?
8th Pay Commission. This will result in revision of not only the salary of all central government employees including armed forces but also the pensioners.
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Union Minister Ashwini Vaishnaw announced this on January 16, 2025. The minister said that the commission will likely be formed soon, and its recommendations will come into force on January 1, 2026.
At present, all central government employees receive their salaries or pensions based on the recommendations made by the 7th Pay Commission, which was implemented from January 1, 2016 onwards.
Expected pension hike union government employees can expect
According to Krishnendu Chatterjee, Vice President at TeamLease, “The average pension hike should be in line with the hike in salaries. It is expected to be in a fitment factor of 2.5-2.8 thus increasing the pension from the current Rs 9,000 to anywhere between Rs 22,500 – Rs 25,200.”
Sumit Dhar, Partner, Fox Mandal & Associates LLP, says, «If the Fitment Factor of 2.86 is approved in the 8th Pay Commission by the Government, the minimum salary and pension of government employees are expected to increase by 186%.»
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