7th Pay Commission: Guess what! Bigger pay hike for top officers, but others get much less
7th pay commission: Around one crore central government employees have been demanding a fair pay hike. This was after Centre agreed to implement the pay panel report. Since then, central government employees have been getting the salaries as per the fitment factor decided by the pay panel. However, while some government employees have been getting a salary hike based on fitment factor of 2.57 times, others have got a much higher formula to boost their pay. Find out how this formula came to work out in reality plus other important events that have marked this space here, including protests and the finalising of plans over demands of central government employees by Centre:
7th Pay Commission: What Lower Level Employees Get?
After the 7th pay commission hike, the rise in the salaries of the lower level employees was calculated at around Rs 4,000. The 7th CPC hike widened the gap between the salaries of the mid and upper-level employees. (IANS)
7th Pay Commission: Bonanza for Top Level Officers
Those at the Level 17 of the pay matrix has reaped rich benefits of the 7th pay commission. They have received the highest fitment factor of a whopping 2.81. Officers at this level get a basic pay of Rs 2,25,000. (PTI)
7th Pay Commission: Pension Protest
The employees in Himachal Pradesh and Tamil Nadu have been demanding the restoration of the old pension scheme. However, the contributory (new) pension scheme is in force in a majority of the states. (PTI)
7th Pay Commission: New fitment factor announcement
A source in finance ministry has revealed to ZeeBiz.com that the government has finalised the new fitment factor. However, the central government employees may have to wait till January 26 to get the pay hike news. (Reuters)
7th Pay Commission: Fitment Factor
While the central government employees are getting the salary as per the new fitment factor, they want hike according to a fitment factor of 3.68 times. This will set the minimum salary at Rs 26,000 from the current Rs 18,000 under the 7th pay commission dispensation. (Reuters)