7th Pay Commission wants 23.55% salary, pension hike for govt staff: All you wanted to know

Updated: November 19, 2015 22:45 IST

The implementation of Pay Commission's recommendations, which will increase the annual burden on the exchequer by Rs 1.02 lakh crore, will make it more difficult for the government to stick to the fiscal consolidation roadmap, Standard & Poor's said today. (PTI)

Government employees and pensioners at the Centre have received a huge post Diwali gift from the 7th Pay Commission today, which recommended to the government a 23.55 per cent increase in their salary, allowances and pension along with a virtual one-rank-one-pension (OROP) for civilians, involving an additional outgo of a whopping Rs 1.02 lakh crore a year.

A minimum pay of Rs 18,000 per month and a maximum of Rs 2.5 lakh per month has been recommended by the Seventh Pay Commission, headed by Justice A K Mathur, that presented its 900-page report to Finance Minister Arun Jaitley here today. The recommendations, which are to be implemented from January 1, 2016, will benefit 47 lakh central government employees and 52 lakh pensioners.

The impact the recommendations will be Rs 1.02 lakh crore — Rs 73,650 cr on Central Budget and Rs 28,450 cr on Railway Budget. Here is all you need to know in about the 7th Pay Commission report in the shortest manner possible:

Percentage Increase:

1. Pay	244,300	283,400	39,100	16
2. Allowances
HRA	12,400	29,600	17,200	138.71
TPTA	9,900	9,900	0	0
Other Allowances	24,300	36,400	12100	49.79
3. Pension	142,600	176,300	33,700	23.63
TOTAL:	433,500	535,600	102,100	23.55