8th Pay Commission Fitment Factor Estimates: The 8th Pay Commission brings hopes for a lot of central government pensioners as their basic pay is set to be revised once 8th CPC recommendations are implemented. If you are an employee who is just about to retire or you are a pensioner, the payout may be revised significantly. The pension revision will most likely be on the basis of the fitment factor, the multiplier for payout revision in the 8th CPC. The fitment factor can be in the range of 1.92 to 2.86, as per estimates from a lot of experts. If you are a level 1-10 central government employee who is just about to retire, or you are a pensioner who is getting a pension at the same level as these employees will get after retirement, see how your estimated pension may be revised at 1.92, 2.28, and 2.57 fitment factors; see our estimates to know!
Calculations for story
We are taking 55 per cent dearness allowance (DA) for our calculation. The estimated pension amount for our story will be half of the last-drawn basic salary+DA. For our story, we are taking 5 basic pay slabs for each level.
Level 1 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
Basic saalry | DA (55%) | Basic pension after retirement | Revised pension at 1.92 fitment factor | Revised pension at 2.57 fitment factor | Revised pension at 2.86 fitment factor |
₹18,000 | ₹9,900 | ₹15,345 | ₹29,462 | ₹39,437 | ₹43,887 |
₹20,300 | ₹11,165 | ₹17,306 | ₹33,227 | ₹44,476 | ₹49,494 |
₹24,900 | ₹13,695 | ₹21,227 | ₹40,756 | ₹54,554 | ₹60,710 |
₹26,400 | ₹14,520 | ₹22,506 | ₹43,212 | ₹57,840 | ₹64,367 |
₹27,200 | ₹14,960 | ₹23,188 | ₹44,521 | ₹59,593 | ₹66,318 |
Level 2 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
Level 3 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
Level 4 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
Level 5 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
Level 6 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
Level 7 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
Level 8 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
Level 9 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
Level 10 employees' estimated revised pension (at 1.92, 2.28, 2.57 fitment factors)
(Disclaimer: These are estimates. Actual revised pension amounts may vary.)