8th Pay Commission: What central government employees and pensioners can expect for salaries, pension
According to Ramachandran Krishnamoorthy, Director – Payroll Services at Nexdigm, the 8th CPC could double basic salaries and pensions if a fitment factor of 2.0 is implemented.
Millions of central government employees and pensioners may finally have a reason to cheer. The government has approved the Terms of Reference (ToR) and finalised the names of panel members for the 8th Central Pay Commission (CPC), setting the stage for a long-awaited salary and pension revision that could reshape the financial landscape for over 1.2 crore beneficiaries.
