The much awaited good news related to the minimum pay hike beyond recommendations of seventh pay commission and increase in retirement age for around 50 lakh government employees will reportedly come before 2019 general elections, claimed a report. However, the government earlier denied any increase in minimum basic pay beyond the seventh pay commission. Central government reportedly is mulling over to increase the retirement age of the employees by two more years. With the latest move under seventh pay commission, the retirement age of employees in the state of Madhya Pradesh is has been raised to 62 years. Fitment factor is a figure used by 7th CPC with which the basic pay in 6th CPC regime (i.e Pay in Pay band + Grade pay) is multiplied in order to fix basic pay in revised pay structure (i.e 7th CPC).

Source: dna April 07, 2018 07:42 UTC