Can L10 employees get Rs 34 lakh extra pay in 10 yrs?
The 8th Pay Commission, set to meet employees and pensioners' bodies in Mumbai from October 22-23, 2026, is expected to discuss pay, pension, allowances, and work-related matters. Current annual increments stand at 3% per the 7th Pay Commission rates, but the 8th Pay Commission may recommend rates between 5%-7%. The impact of these increments on Level 8-10 employees can be estimated using a 2.15 fitment factor over a 10-year period.
For a Level 8 employee with a current basic salary of ₹47,600, a 2.15 fitment factor results in a revised basic salary of ₹1,02,340. With a 3% annual increment, their monthly salary would grow from ₹1,02,340 to ₹1,33,530 in 10 years, totaling ₹1,40,78,561. At a 5% increment rate, their monthly salary would rise from ₹1,02,340 to ₹1,58,763, with a total pay of ₹1,54,46,658 over ten years. A 7% increment rate would lead to a monthly salary increase from ₹1,02,340 to ₹1,88,148, resulting in a total pay of ₹1,69,67,703.
Level 9 and Level 10 employees would experience even higher extra basic pay in 10 years, with estimated totals of ₹1,57,05,285 and ₹1,65,92,590 respectively, depending on the increment rate.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.