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8th CPC Pay Estimates for Government Employees: Is your pay band 5200, 9300 or 15600? Know your in-hand salary, allowances at 2.28 fitment factor
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
8th CPC Pay Projections for Central Govt Employees: Right from Group D and C to Class 1 officer ranks, central government employees belong to majorly 3 pay bands in terms of basic salary: 5200, 9300 or 15600. Apart from the basic pay, they get various allowances such as house rent allowance (HRA), travelling allowance (TA), child education allowance (CEA), etc. They also contribute to National Pension System (NPS) and Central Government Health Scheme (CGHS). But what can be their estimated revised basic pay, allowances, and total salary if the 8th Pay Commission decides on a fitment factor of 2.28? See estimates –
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(Disclaimer: These are projections. Actual calculations may vary.)
1/14
Fitment factors in recent pay commission
1/14The current pay commission, the 7th CPC, implemented on January 1, 2016, has a fitment factor of 2.57. The 6th Pay Commission, implemented in the year 2006, had a fitment factor of 1.92.
2/14
What can be fitment factor for 8th Pay Commission?
2/14There are many speculations with 1.92 being the majoritarian view. However, fitment factors such as 2.04, 2.28, 2.57, and 2.86 may also be finalised. Some organisations have demanded a fitment factor as high as 3.86.
3/14
When will 8th Pay Commission be implemented?
3/14The central government is yet to announce the pay commission chairman and members. The pay commission will form its report and submit it to Cabinet. The Cabinet may recommend some changes or may approve the report as it is. Once the report is implemented, employees will start getting revised pay. The process may take 1-1.5 years.
4/14
What are other components to be revised in 8th CPC?
4/14Apart from the basic salary, allowances such as House Rent Allowance (HRA), Travelling Allowance, Child Education Allowance (CEA), etc., are also revised. The pay commission may introduce or end some allowances.
5/14
Calculations for story
5/14We will calculate the projected revised salary for employees with- Level 2 - PB 1- (5200-20200) GP 1900, basic pay Rs 23,800 Level 3 - PB 1- (5200-20200) GP 2000, basic pay Rs 24,500 Level 4 - PB 1- (5200-20200) GP 2400, basic pay Rs 30,500 Level 5 - PB 1- (5200-20200) GP 2800, basic pay Rs 35,900 Level 7 - PB 2- (9300-34800) GP 4600, basic pay Rs 44,900 Level 8 - PB 2- (9300-34800) GP 4800, basic pay Rs 50,500 Level 10 - PB 3- (15600-39100) GP 5400, basic pay Rs 59,500 Level 12 - PB 3- (15600-39100) GP 7600, basic pay Rs 83600,800
6/14
Revised pay, total salary for Level 2 - PB 1- (5200-20200) GP 1900, basic pay Rs 23,800
6/14Projected revised salary- Rs 54,264 Projected revised HRA- Rs 13,023 Projected revised TA- Rs 1,350 Gross salary- Rs 68,637 NPS contribution- Rs 5,426 CGHS contribution- Rs 250 Net salary- Rs 62,961
7/14
Calculations for story
7/14The fitment factor will be 2.28. We will also calculate the projected revised house rent allowance (HRA), travel allowance (TA), National Pension System (NPS), Central Government Health Scheme (CGHS) contributions, and the net salary. We are calculating HRA at 24 per cent, and TA for higher TPA cities.
8/14
Revised pay, total salary for Level 3 - PB 1- (5200-20200) GP 2000, basic pay Rs 24,500
8/14Projected revised salary- Rs 55,860 Projected revised HRA- Rs 13,406 Projected revised TA- Rs 3,600 Gross salary- Rs 72,866 NPS contribution- Rs 5,586 CGHS contribution- Rs 250 Net salary- Rs 67,030
9/14
Revised pay, total salary for Level 4 - PB 1- (5200-20200) GP 2400, basic pay Rs 30,500
9/14Projected revised salary- Rs 69,540 Projected revised HRA- Rs 16,690 Projected revised TA- Rs 3,600 Gross salary- Rs 89,830 NPS contribution- Rs 6,954 CGHS contribution- Rs 250 Net salary- Rs 82,626
10/14
Revised pay, total salary for Level 5 - PB 1- (5200-20200) GP 2800, basic pay Rs 35,900
10/14Projected revised salary- Rs 81,852 Projected revised HRA- Rs 19,644 Projected revised TA- Rs 3,600 Gross salary- Rs 1,05,096 NPS contribution- Rs 8,185 CGHS contribution- Rs 250 Net salary- Rs 96,661
11/14
Revised pay, total salary for Level 7 - PB 2- (9300-34800) GP 4600, basic pay Rs 44,900
11/14Projected revised salary- Rs 1,02,372 Projected revised HRA- Rs 24,569 Projected revised TA- Rs 3,600 Gross salary- Rs 1,30,541 NPS contribution- Rs 10,237 CGHS contribution- Rs 650 Net salary- Rs 1,10,665
12/14
Revised pay, total salary for Level 8 - PB 2- (9300-34800) GP 4800, basic pay Rs 50,500
12/14Projected revised salary- Rs 1,15,140 Projected revised HRA- Rs 27,634 Projected revised TA- Rs 3,600 Gross salary- Rs 1,46,374 NPS contribution- Rs 11,514 CGHS contribution- Rs 650 Net salary- Rs 1,18,12
13/14
Revised pay, total salary for Level 10 - PB 3- (15600-39100) GP 5400, basic pay Rs 59,500
13/14Projected revised salary- Rs 1,35,660 Projected revised HRA- Rs 32,558 Projected revised TA- Rs 7,200 Gross salary- Rs 1,75,418 NPS contribution- Rs 1,35,66 CGHS contribution- Rs 650 Net salary- Rs 1,43,218
14/14
Revised pay, total salary for Level 12 - PB 3- (15600-39100) GP 7600, basic pay Rs 83,600
14/14Projected revised salary- Rs 1,90,608 Projected revised HRA- Rs 45,746 Projected revised TA- Rs 7,200 Gross salary- Rs 2,43,554 NPS contribution- Rs 19,061 CGHS contribution- Rs 1,000 Net salary- Rs 1,85,854
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