Jaitley 2143973f 7th Pay

7th Pay Commission: Centre issues notification

The Centre has issued notification for the implementation of 7th Pay Commission.

With the issuance of notification, 4.8 million central government employees and 5.2 million pensioners will get the increased payout from their August salaries.

The Cabinet had approved the recommendations made by the 7th pay commission in June.

A fitment factor of 2.57 would apply for pay revision of all employees and the rate of annual increment has been retained at three per cent.

The pay panel had in November last year recommended 14.27 per cent hike in basic pay at junior levels.

The Commission recommended changes in the pay of around 1 crore individuals which includes 33 lakh central government employees, 14 lakh armed forces personnel, and 52 lakh pensioners.