8th CPC Revised Pension Estimates: A pay commission is an occasion when central government employees and pensioners hope to have a significant rise in their payouts. Employees who are about to be retired and pensioners, who already receive their monthly pension, are expecting their payouts to get better. What if you are an Level 2, 4, 6, 8, and 12 employee who is about to retire soon, or a pensioner who is already getting pensions at levels where these employees will get after retirement? What can be the revised pension for them if the 8th Pay Commission fitment factor is 2.08 or 2.57? See estimates!
We are assuming the pension amount as the 50 per cent of the last-drawn salary. Assuming that the employee will retire today, we will calculate estimated revised pension for employees Level 2 (basic pay Rs 21,700, Rs 27,600), Level 4 (basic pay Rs 28,700, Rs 33,300), Level 6 (basic pay Rs 39,900, Rs 49,000), Level 8 (basic pay Rs 52,000, Rs 64,100), and Level 10 (basic pay Rs 69,000, Rs 77,700).
Revised pension for employee Level 2 (basic pay Rs 27,600)
Revised pension for employee Level 4 (basic pay Rs 28,700)
Revised pension for employee Level 4 (basic pay Rs 33,300)
Revised pension for employee Level 6 (basic pay Rs 39,900)
Revised pension for employee Level 6 (basic pay Rs 49,000)
Revised pension for employee Level 8 (basic pay Rs 52,000)
Revised pension for employee Level 8 (basic pay Rs 64,100)
Revised pension for employee Level 10 (basic pay Rs 69,000)
Revised pension for employee Level 10 (basic pay Rs 77,700)
