8th Pay Commission Update: Will the government accept the new minimum wage formula and ToR?

8th Pay Commission Update: Every day new news keeps coming out for central employees and pensioners. Recently a big update has come out regarding the 8th Pay Commission in which the Central Government has announced to approve the Terms of Reference (TOR) soon, but how much truth is there in this news and what is the big update regarding allowances and pension reform, I will tell you about it friends.

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This important step has been taken for more than 1 crore government employees and pensioners which will have a huge impact on them and can provide them immense benefits amid the rising cost of living.

ToR will get approval from the government

It is very important to pay close attention to the news that has come out. Every day new decisions are coming out, some are rumours and some are correct information. As per the information received and according to senior officials, the government may approve the ToR in the coming days.

Apart from this, let us tell you that Staff Side Secretary Shiv Gopal Mishra also gave important information in the interview, although this has been mentioned very little in the media, but it is possible that as soon as approval is given, a big update can come out.

Know what is the new salary formula

A new formula has been created for calculating the salary, especially for the major minimum wage for the employees, which was based on 3 consumption units per household. Apart from this, Gopal Mishra had also made an important point citing the Nutrition and Welfare Act 2022 for Senior Citizens. He had said that it is very important to align with the changing family responsibilities. And they will accept the financial responsibility towards the parents, which will benefit their family more.

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