New Delhi. Discussions about the 8th Pay Commission are in full swing among millions of central employees across the country these days. Everyone wants to know how much will be increased in their salary in the new salary structure. Especially officers with Level-8 (Grade Pay 4800), who play an important role in administrative responsibilities, are one of the most affected sections affected by this change.
Level-8: Who are these officers?
Level-8 consists of employees whose grade pay is ₹ 4800. These positions are usually associated with supervisory, administrative and management. Officers of this level play an important role in the implementation of policy and conducting daily.
The real basis of salary hike
The salary increase in the 8th Pay Commission will be calculated on the basis of fitment factor. It is a kind of coefficient, which is multiplied the current basic pay. It was 2.57 in the 7th Pay Commission, a possible fitment factor in the 8th Pay Commission can be done between 1.92 and 2.86. However, most analysts believe that 1.92 may be a realistic and potential fitment factor. Based on this standard, we will calculate further.
Existing Basic Salary of Level-8: ₹ 47,600
Now if it is multiplied by the 1.92 fitment factor of the 8th Pay Commission, then: ₹ 47,600 × 1.92 = ₹ 91,392 (new potential basic salary), now it will be added other allowances such as HRA, TA, and other allowances. HRA (24% estimated) 21,934, TA + DA etc. 10,000 – 15,000 (approx), total estimated salary ₹ 1,23,000 – ₹ 1,28,000, these figures are estimated and will depend on the rates of real salary allowances, city category (x, y, z) and employee’s posting.
Why does DA become zero in the new pay commission?
When the new Pay Commission is implemented, the Dearness Allowance (DA) accumulated by that time is directly included in the basic pay. Therefore, DA with the new Commission starts again from 0.