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Friday, 20 November 2015

Highlights of 7th Pay Commission Recommendations

1. 23.55%  overall increase in pay, allowances and pension
2. Hike break-up: 16% in pay, 63% in allowances, 24% in   pension
3. Basis pay increase 14.27%
4. Minimum pay in central government to be Rs 18,000 a month
5. Maximum pay Rs 2.25 lakh a month for apex scale, Rs2.5 lakh a month for cabinet secretary and others at same level
6. A fitment factor( a formula to address anomalies in benefits among employees) of 2.57 will be applied  uniformly to all employees
7. Annual increment of 3% retained
8. Gratuity ceiling doubled to Rs 20 lakh
9. Paramilitary retirement age 60, up from the current 58. One member dissented