7th Pay Commission's Highlights, Key points about 7th pay commission

7th Pay Commission's Highlights and Key points

1. The hike in pay will benefit over one crore government employees and pensioners.

2. An overall increase of 23.55% in the basic salary and allowances of government employees.

3. Entry level pay will be raised to Rs 18,000 a month which is more than double the current pay of Rs 7,000 a month.

4. The maximum salary will be about 2.5 lakhs a month which is also more than double the current highest pay of Rs 90,000 a month.

5. The pay revisions are effective from January 1, 2016.

6. The rate of annual increment has been retained at 3 per cent.

7. The hikes in pay will come with the August paychecks and the arrears for the 6 months will be disbursed during the current financial year itself.

8. Grade Pay & Pay Band system will be replaced by a new pay matrix which will ensure increased transparency.

9. Gratuity ceiling doubled from Rs 10 lakh to Rs 20 lakh.

10. This is the lowest pay hike in the last 70 years.

7th Pay Commission's Highlights, Key points about 7th pay commission

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