7th Pay Commission: Centre Likely to Decide on Fitment Factor Soon; Here’s How Much Salary Will Increase
The central government employees can receive some good news soon. The government may reevaluate the fitting factor determination at the request of central staff unions. The government has consistently been urged by employee unions to raise the fitting factor. The employees have been asking the government to increase the fitment factor to 3.68 times.
Delhi, December 4: The central government employees can receive some good news soon. The government may reevaluate the fitting factor determination at the request of central staff unions. The government has consistently been urged by employee unions to raise the fitting factor. The employees have been asking the government to increase the fitment factor to 3.68 times basis of 7th pay commission recommendations. At present, it is 2.57 times.
The Fitment Factor is the modification of Basic Salary (Basic Pay) by the specific element. All categories of workers in Central Government Services receive the Fitment Factor benefit. 7th Pay Commission Good News: Central Government Employees To Receive 18-Months DA Arrears Soon; Check Latest Update
According to media sources, the government may decide to raise the fitment factor after the Union Budget of the next year. If the government raises the fitment factor three times, the employee's base pay, excluding incentives, will be 18,000 X 2.57, or Rs. 46,260. In addition, if the employees' requests are granted, the salary will be 26000 X 3.68, or Rs 95,680. If the government accepts 3 times fitment factor, then the salary will be 21000 X 3 = Rs 63,000. 7th Pay Commission Latest News: Central Govt Employees Expected To Get Next DA Hike In March 2023; Check How Much Salary Will Increase
The remuneration of central personnel is decided by their basic salary, fitment factor, and allowances, under the 7th Pay Commission's recommendations. Apart from this the central employees are also hoping that they receive some good news regarding DA arrears and DA hike. If their demands are fulfilled they may see a massive hike in their salaries.
(The above story first appeared on LatestLY on Dec 04, 2022 01:05 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).