latest news on formation of 8th Central pay commission for revision of salary and pension of Central Government employees and pensioners. the government has denied for any proposal under consideration in government for revision of salary and pension and forming for 8th Central Pay Commission at present after which employees Union started demanding for formation of 8th Central Pay Commission immediately as it is already been delayed.
after the denial of the government on formation of 8th standard Pay Commission concerns are arising as to how the salary and pension will be revised in future.
the last Central Pay Commission was 7th Central Pay Commission in which fitment factor 2.57 was applied for revision of salary and pension.
several media reports are reporting that government may approach new mechanism for revision of salary and pension of Central Government employees and pensioners instead of forming 8th Central Pay Commission.
