8th Pay Commission: Salary Hikes of Up to 400% Possible with Proposed 5-Fitment Formula

The railway union has reportedly suggested fitment factors for different pay levels to ensure balanced salary hikes across lower, middle and senior employees. | Business News

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The 8th Pay Commission is expected to impact over 1.1 crore beneficiaries, including central government employees, pensioners, and their families. Meanwhile, the Indian Railway Technical Supervisors' Association (IRTSA) has proposed a five-fitment-factor formula for salary revision that could raise salaries by over 300-400% in some cases.

The proposed fitment factors are as follows: Level 1-5: 2.92, Level 6-8: 3.50, Level 9-12: 3.80, Level 13-16: 4.09, and Level 17-18: 4.38.

The revised salary is calculated by multiplying the current basic pay with the proposed fitment factor. For example, a Level 1-5 employee earning a basic pay of ₹10,000 would see the salary rise to ₹29,200 using the 2.92 fitment factor.

However, speculation over the 8th Pay Commission continues to intensify as central government employees await clarity on its implementation and possible salary revisions. Reports indicate that the government may not accept several key demands raised by employee unions, casting uncertainty over expectations of a major pay hike.