The coming times may bring happiness for central employees and pensioners. Everyone’s eyes are now fixed on the date of 25th February, because a very important meeting of the National Council Joint Monitoring Committee (NCJMC) is going to be held on this day.
In this meeting it will be decided what will be the real formula for increasing the salary of employees under the 8th Pay Commission.
Fitment factor is stuck
At the center of this entire discussion is the ‘fitment factor’. The Fitment Factor has been approved by the Federation of National Postal Organizations (FNPO). 3 It is proposed to do. If this demand is accepted, the salary mathematics of government employees will completely change. Since the release of the notification in November, there is a lot of excitement regarding this in all departments and employee organizations have geared up.
If the fitment factor remains ‘2’ then how much will the salary increase?
Even if the government takes a strict stance and limits the fitment factor to ‘2’, there will still be a huge jump in the basic salary of the employees. According to data from Nexdigm Solutions, the current basic salary of Rs 18,000 for a level-1 employee (like a peon or entry level staff) is expected to directly double. Rs 36,000 It will be done.
Similarly, the salary of level-10 officers has increased from Rs 56,100. Rs 1,12,200 It will be done. At the same time, the salary of the highest level i.e. Cabinet Secretary (Level-18) has increased from Rs 2.5 lakh. 5 lakh rupees Can reach up to per month.
What if the fitment factor becomes ‘3’?
The real demand of employee organizations is to increase the fitment factor to 3 or more. If the government approves this demand of FNPO, it will be no less than a big lottery for the employees. Under this formula, the basic salary of a Level-1 employee will directly become Rs 54,000.
For Level-10 officers this figure can go up to Rs 1,68,300 and for Level-18 officers it can go up to Rs 7.5 lakh. FNPO, in its 60-page detailed report, has suggested that in view of rising inflation, major changes are needed in the pay matrix and allowances, so that the purchasing power of the employees is maintained.
What will be special in the meeting on 25th February?
After the notification of the formation of the commission, the process has now reached its most important stage. According to FNPO member Shivaji Vasireddy, a final draft will be prepared by compiling the demands of all employee organizations in the February 25 meeting.
This draft will be handed over to 8th Pay Commission Chairperson Ranjana Prakash Desai. The commission has 18 months to submit its final report. Experts believe that the new wage rates may be implemented in late 2027 or early 2028. At present, everything depends on the magical figure of fitment factor that will emerge from the meeting on 25th February.