8th Pay Commission Pension Calculations: What may be your revised pension if your current basic pension is Rs 15,250, Rs 20,200, Rs 32,050, or Rs 40,000?

Salaries and pensions of central government employees are revised on the basis of fitment factor. It was the barometer for the 7th Pay Commission and is likely to be the same for the 8th Pay Commission.

A fitment factor is a multiplier that is used to calculate the revised basic pays and pensions for government employees. The fitment factor determines the new salary by multiplying the current basic salary by the fitment factor.

With a fitment factor of 2.57 for the 7th Pay Commission, the minimum basic pension increased to Rs 18,000 from Rs 7,000. On the other hand, the maximum pension, which is given to the cabinet secretary, rose to Rs 1,25,000 from Rs 90,000.

A pensioner also gets dearness relief (DR) along with their basic salary. The DR is revised twice a year alongside the dearness allowance (DA). The current DR rate is 53 per cent.

The concept of an additional pension was introduced in the 6th Pay Commission, where a pensioner gets an additional pension after 80 years of age. Here are rates for the additional pension: 80 years to <85 years: 20 per cent of basic pension 85 years to <90 years: 30 per cent of basic pension 90 years to <95 years: 40 per cent of basic pension 95 years to <100 years: 50 per cent of basic pension 100 years and more: 100 per cent of basic pension

The fitment factor is likely to be the barometer to calculate revised pensions again. Since the 8th Pay Commission is yet to be formed, the fitment factor is yet to be decided. However, as per recommendations by different organisations and departments, some of the prescribed fitment factors for the 8th Pay Commissions are 1.92, 2.08, 2.28, 2.57, and 2.86.

The 8th Pay Commission will be formed. It will give its recommendations to the Cabinet. The recommendations will also have revised salary and pension slabs. Once the cabinet gives its go-ahead, the revised pension slabs will be implemented.

The tenure of the 7th Pay Commission will end on December 31, 2025. Effectively, the 8th Pay Commission should be implemented from the next day of it. However, the Centre is yet to provide information about it.

In our story, we will calculate estimated revised pensions for the 8th Pay Commission for pensioners with current basic pensions of Rs 15,250, Rs 20,200, Rs 32,050, Rs 40,000, Rs 44,900, and Rs 50,500. We will calculate these revised pensions at fitment factors of 1.92, 2.08 and 2.57. 

Basic pension ₹ 15,250.00 Revised Basic pension (at 1.92 fitment factor) ₹ 29,280.00 Revised Basic pension (at 2.08 fitment factor) ₹ 31,720.00 Revised Basic pension (at 2.57 fitment factor) ₹ 39,192.50

Basic pension ₹ 20,200.00 Revised Basic pension (at 1.92 fitment factor) ₹ 38,784.00 Revised Basic pension (at 2.08 fitment factor) ₹ 42,016.00 Revised Basic pension (at 2.57 fitment factor) ₹ 51,914.00

Basic pension ₹ 32,050.00 Revised Basic pension (at 1.92 fitment factor) ₹ 61,536.00 Revised Basic pension (at 2.08 fitment factor) ₹ 66,664.00 Revised Basic pension (at 2.57 fitment factor) ₹ 82,368.50

Basic pension ₹ 40,000.00 Revised Basic pension (at 1.92 fitment factor) ₹ 76,800.00 Revised Basic pension (at 2.08 fitment factor) ₹ 83,200.00 Revised Basic pension (at 2.57 fitment factor) ₹ 1,02,800.00

Basic pension ₹ 44,900.00 Revised Basic pension (at 1.92 fitment factor) ₹ 86,208.00 Revised Basic pension (at 2.08 fitment factor) ₹ 93,392.00 Revised Basic pension (at 2.57 fitment factor) ₹ 1,15,393.00

Basic pension ₹ 50,500.00 Revised Basic pension (at 1.92 fitment factor) ₹ 96,960.00 Revised Basic pension (at 2.08 fitment factor) ₹ 1,05,040.00 Revised Basic pension (at 2.57 fitment factor) ₹ 1,29,785.00