Latest news with #8thCentralPayCommission
News18
3 days ago
- Business
- News18
8th Pay Commission: Delay Likely, But Will All Retirees After January 2026 Get Its Benefits?
Last Updated: The 8th Pay Commission for central government employees and pensioners may be delayed beyond January 1, 2026, but retirees after this date may still benefit from revised pensions. As discussions around the 8th Pay Commission continue among central government employees and pensioners, reports suggest that its implementation is likely to be delayed from the earlier expected date of January 1, 2026. Now, one key question is drawing attention: Will those retiring on or after January 1, 2026, still benefit if the pay commission's recommendations are delayed? 8th Pay Commission: What's The Status? The 8th Central Pay Commission, which will review and revise the salary structure, allowances, and pensions of over 50 lakh central government employees and around 65 lakh pensioners, was announced by the central government in January 2025. Its terms of reference (ToR) and members have not been finalised yet. However, last month, the government issued a circular informing that various vacancies, around 35 posts, will be filled on a deputation basis for the 8th Pay Commission. Pay commissions are typically constituted every 10 years, with the last (7th Pay Commission) being implemented from January 1, 2016. Its term is coming to an end on December 31, 2025. As its chairman, members and ToR have not been finalised yet, widespread expectations point to delay in its implementation to late 2026 or early 2027, against the expected timeline of January 1, 2026. Why Is It Getting Delayed? There has been no formal communication from the Ministry of Finance or the Department of Expenditure on the timeline. However, delays could be attributed to fiscal considerations and alternative pay adjustment mechanisms like the Aykroyd formula and inflation-linked increments, though they have not replaced the need for a full-fledged commission. Yes, if the commission's recommendations are implemented with a retrospective date (as in the past), those retiring after January 1, 2026, will receive revised pension and salary arrears. For example, when the 7th Pay Commission was implemented in 2016, many beneficiaries received arrears for months before the actual rollout date. What Kind of Salary Hike Is Expected? While official figures are yet to emerge, analysts and employee unions speculate that the minimum basic pay may increase from Rs 18,000 to Rs 26,000, representing a hike of around 40-44 per cent. According to several reports, the fitment factor, a key multiplier for revising salaries, could be 1.96 in the 8th pay commission, although this remains unconfirmed. If the fitment factor is 1.92, then Level 1 government employees may see a salary jump of around Rs 15,000 per month, which is about a 40% increase in take-home pay under the 8th Pay Commission. First Published:
Time of India
09-05-2025
- Business
- Time of India
Substantial drop in Central grants, Maha tells fin panel
Mumbai: While seeking a higher share for states from the taxes collected by the Centre, the Maharashtra govt has pointed out that it has experienced a "substantial reduction in grants from the Union government," which has added to its financial burden. This is because of the end of GST compensation, the decline in the Centre's share of Centrally sponsored schemes and in the 15th finance commission grants, it has its memorandum to the 16th finance commission submitted on Thursday, the state said that in 2024-25, Maharashtra received only Rs 31,830.3 crore as the total grants-in-aid from the Union govt, which was only 55.2% of the total estimate. By comparison, the grants-in-aid from the Centre in 2020-21 was much higher at Rs 52,733 also said that Maharashtra had not received 15th finance commission grants amounting to Rs 24,571 crore for the period 2020-26. Operation Sindoor PM Modi meets NSA, chiefs of armed forces amid spike in tensions with Pak India's air defence systems shoot down Pak drones in J&K, Punjab & Rajasthan Several airports in India to be closed till May 15 - check list "It is difficult to obtain these grants because they are mostly tied grants with many conditions which may not be suitable for the ground condition of various states," the memorandum the Centre reducing its share in various Centrally sponsored schemes, the state has had to drastically increase its share, the memorandum pointed out. The state's share has risen from 23% in 2021-22 to 50% in 2023-24, it said. The state's allocation rose from Rs 11,314 crore to Rs 22,179 crore during this ending of GST compensation from the Centre from 2022 placed a burden on the state since it is required to compensate urban local bodies, including the BMC. This is because their revenue, including octroi and local body tax, was abolished with the imposition of GST. For 2025-26, the state had made a provision of Rs 30,853 crore towards compensation to its urban local bodies. The state govt's memorandum also said that it faced a higher expenditure because of Central enactments like the 8th Central Pay Commission, the Unified Pension scheme and the National Food Security Act. The memorandum stated that once the Centre increased pay scales, the state had to do the same. In 2025-26, an estimated 44.2% of the state's revenue receipts were set to be spent on the salary and pension of a result of reduced grants from the Union government, Maharashtra sought a hike in the tax devolution from the Centre to states from the current 41% to 50% of the divisible pool. "The financial transfers to the state have not been commensurate with the growth in the gross revenue of the Union government. This, coupled with the increase in revenue expenditure has imposed a substantial financial burden on the state," the memorandum of the state government to the finance commission said.
Hindustan Times
29-04-2025
- Politics
- Hindustan Times
Ludhiana: Postal staff protest over job security, pension demands
Rural postal workers deployed as Gramin Dak Sevaks (GDS) on Tuesday staged a protest outside the Head Post Office near Bharat Nagar Chowk in Ludhiana. The protest organised under the banner of the All India Gramin Dak Sevaks Union (AIGDSU) was part of a nationwide agitation and voiced longstanding demands for better job security, fair pay, and an end to alleged exploitative practices. Ajaib Singh, general secretary of AIGDSU (Ludhiana), said, 'We have protested today as part of the nationwide strike called by the All India Gramin Dak Sevaks to push for our genuine demands. Earlier, on April 22, we held symbolic demonstrations by wearing black badges at our workplaces.' Singh said that on May 1, a postcard campaign will be launched, addressed to the secretary of the department of posts, and a major protest is planned at the Punjab circle headquarters in Chandigarh on May 6. One of the key demands includes the extension of a monthly pension under the National Pension System (NPS), ensuring financial security post-retirement. They are also seeking an eight-hour work schedule, higher pay, and full-service benefits, on par with regular postal employees. Additionally, they are urging the government to include GDS concerns in the terms of reference of the upcoming 8th Central Pay Commission. The union strongly opposed the implementation of proposed Independent Delivery Centres (IDCs), a new delivery model aimed at outsourcing and centralising parcel delivery through dedicated hubs. GDS workers fear that this move will erode their roles and push them further into insecurity. They demand that if IDCs are introduced, GDS staff must be absorbed into the new structure with full-service protections and benefits. Another prominent demand is the immediate implementation of the Kamlesh Chandra Committee's positive recommendations. These include fair pay fixation effective from January 2016, time-bound promotions after 12, 24, and 36 years of service, removal of the ₹1.5 lakh cap on gratuity, leave encashment of up to 180 days, and medical benefits under schemes like Central Government Health Scheme (CGHS) or Employee State Insurance (ESI). The protestors also called for an end to incentive-based workload models. They want all the work done by GDS, including handling postal savings, insurance, and MGNREGA accounts, to be counted in official workload assessments. Protestors criticised the current practice of linking salaries to workload and stressed the need for equal pay for equal work, especially for new recruits working five-hour shifts. Raising concerns over workplace harassment, the union demanded the withdrawal of disciplinary action against members who participated in the December 12, 2023, strike. They also pressed for better infrastructure support, including laptops, printers, and internet connectivity for branch post offices. Additionally, they voiced opposition to harsh and disproportionate punishments that often disregard the economic hardships and service conditions of GDS workers.
