8th CPC: Can govt give 3.83 fitment factor?
The All India Federation of Pensioners Association, representing pensioners, is demanding a minimum basic pay of Rs 69,000 for central government employees, under the upcoming 8th Pay Commission. This demand equates to a fitment factor of 3.83, which is 1.26 percent higher than the 2.57 multiplier used in the 7th Pay Commission.
Multiple employee associations have made similar recommendations for a 3.833 fitment factor and a minimum basic salary of Rs 69,000. Adhil Shetty, CEO of BankBazaar.com, stated that while the fitment factor will determine the extent of the basic pay revision under the 8th Pay Commission, it must also be considered in tandem with how allowances and other components of the salary structure are revised.
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