{
  "id": 5253909,
  "title": "Can L8 employee get Rs 29 lakh extra pay in 10 years?",
  "url": "https://urgent.news/2026/09/03/can-l8-employee-get-rs-29-lakh-extra-pay-in-10-years",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-03T02:30:00.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/save/8th-pay-commission-salary-calculator-canlevel-8-employees-get-rs-29-lakh-extra-pay-in-10-years-at-7-annual-increment-rate/articleshow/133710751.cms"
  },
  "original_language": "en",
  "account": "The 8th Pay Commission, which recently concluded its meetings in Jaipur and will visit Chennai on September 7 and 8, is a topic of significant concern for central government employees and pensioners. The pay commission's recommendation to increase the annual increment rate from the current 3% to as much as 7% has been widely supported by various employee organisations. The NC-JCM, representing the majority of central government employees, has proposed a 6% increment rate, while AIDEF and FNPO have suggested a 6% rate, and AINPSEF has advocated for a 7% rate.\n\nTo illustrate the potential impact of these higher increment rates, consider a Level 8 employee with a starting basic pay of Rs 47,600. Under the current 3% increment rate, their total salary over a decade would amount to Rs 1,40,78,561. However, if the increment rate were increased to 5%, 6%, or 7%, their total salary over the same period would rise to Rs 1,54,46,658, Rs 1,61,87,071, and Rs 1,74,74,815 respectively. This demonstrates that a 5% annual increment rate could provide an employee with an additional Rs 13,68,097 in total salary over ten years, a 6% rate could provide Rs 21,08,510, and a 7% rate could provide Rs 33,96,254 more than the current rate.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}