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8th Pay Commission : The 8th Pay Commission could be implemented early next year. A representative of the National Confederation of Government Employees stated this on Wednesday.
According to them, the commission is expected to take effect on January 1, 2026. Under this, new salary structures and allowances will be implemented for central government employees and pensioners.
News for millions of employees
Its implementation will benefit approximately 5 million central government employees and 6.5 million pensioners, with a 30-34 percent increase in salaries and pensions. Overall, approximately 11.5 million people will directly benefit. The new fitment factor is estimated to be between 1.83 and 2.86, directly impacting employees’ basic salaries. The government has approved the 8th Pay Commission, but the formal establishment of the Commission and the notification of its Terms of Reference (ToR) are yet to be issued. The minimum basic pay for Level 1 employees may be revised to ₹51,480, while the minimum pension may increase by approximately ₹20,500 to ₹25,740.
Earlier, a Kotak Institutional Equities report in July had stated that this process would begin with the announcement of the 8th Central Pay Commission in January 2025. Kotak’s note further said, “Based on our estimate of additional income of Rs 2.4-3.2 trillion earned by central government employees, we expect additional savings of Rs 1-1.5 trillion, which could flow gradually into a mix of physical savings, deposits, and shares and debentures segments.”
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