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⚡How Much Hike Pensioners Can Expect Under 8th Pay Commission?

By Team Latestly

The fitment factor, which is used to calculate salaries and revised pay of pensioners is also expected to be hiked from 2.57 to 2.86. This means, the basic minimum could be raised from INR 18,000 to INR 51,480. If the fitment factor is raised from 2.57 to 2.86 times, then the pensions are also likely to increase from the current INR 9,000 to anywhere between INR 17,000 and INR 26,000.

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