pension update

8th Pay Commission: What a 2.86 fitment factor could mean for central government employees

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8th Pay Commission: What a 2.86 fitment factor could mean for central government employees

The Indian government has taken its first official step toward establishing the 8th Central Pay Commission (8th CPC). This move comes well ahead of the expiration of the existing pay structure in December 2025, signaling the administration’s intent to streamline salary revisions for central government employees and pensioners. Currently, the government is in the process … Read more

Unified Pension Scheme 2025: 50% Assured Pension for Govt Employees

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Unified Pension Scheme 2025: 50% Assured Pension for Govt Employees

The Unified Pension Scheme 2025 marks a major shift in India’s retirement policy landscape. With a guaranteed 50% pension for government employees, this reform aims to balance long-term financial security with the evolving demands of fiscal management. This initiative comes in response to growing concerns about the sustainability and adequacy of post-retirement income for central … Read more