Is it true that the 7th Pay Commission will be the last pay commission then what about pay hikes?

7th Pay Commission Summary The 7th pay commission will establish a new pay matrix and pay scale that will ensure pensioners and government employees get a 2.57\% hike on their existing incomes and a central government employee will enjoy a salary that is double than the previous one.

Is 7th pay commission implemented Quora?

7th Pay Commission: In a bid to benefit over 1 crore central government employees, which includes 47 lakh employees and near 53 lakh pensioners, the central cabinet chaired by the Prime Minister Narendra Modi approved the 7th Pay Commission that came into effect from April 1, 2016.

Is there any hike for central government employees?

Earlier, the central government had raised the DA from 17 percent to 28 percent. Many central government employees have, for long, been demanding a raise in minimum pay from Rs 18,000 to Rs 26,000, along with the fitment factor to be raised from 2.57 times to 3.68 times, which means the hike will be about Rs 8,000.

How 7th pay is calculated Quora?

If a person joins the service on 01.01. 2016, His salary after applyinf 7CPC will be calculated as, Minimum Salary (15600+5400) x 2.62 = ₹ 55020.

What is Pay Commission in 7th?

The 7th Central Pay Commission (7CPC), constituted in February 2014 the principles and structure of emoluments of all central government civilian employees including defence forces in India, submitted its report on 19 November 2015.

What is fitment factor in 7th Pay Commission?

Employees are currently getting salary under fitment factor on the basis of 2.57 percent, which if increased to 3.68 percent, there will be an increase of Rs 8,000 in the minimum salary of the employees. This means the minimum pay of the central government employees will be hiked from Rs 18,000 to Rs 26,000.

How is fitment benefit calculated?

The 7th Pay Commission recommended a common fitment benefit of 2.57 to be applied for all employees. On the basis of this fitment factor, the minimum basic pay for central government employees is Rs. 18,000 per month, an increase from Rs. 7,000 (2.57 times the basic pay of 6th Pay Commission.)