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8 pay commission pension calculator

8th Pay Commission Pension Formula:

\[ \text{New Pension} = \text{Old Pension} \times \text{Fitment Factor} + \text{DA} \]

(e.g., 2.28)
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1. What is the 8th Pay Commission Pension Calculation?

The 8th Pay Commission pension calculation determines the revised pension for government employees and pensioners based on the fitment factor and dearness allowance (DA). This ensures pensions keep pace with inflation and economic changes.

2. How Does the Calculator Work?

The calculator uses the 8th Pay Commission formula:

\[ \text{New Pension} = \text{Old Pension} \times \text{Fitment Factor} + \text{DA} \]

Where:

Explanation: The fitment factor increases the base pension, while DA provides additional inflation adjustment.

3. Importance of Pension Revision

Details: Regular pension revisions maintain retirees' purchasing power and ensure their income keeps pace with the cost of living increases.

4. Using the Calculator

Tips: Enter your current pension amount, the expected fitment factor (typically around 2.28-2.5), and current DA percentage. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is a typical fitment factor value?
A: The 7th Pay Commission used 2.57. The 8th Pay Commission is expected to use a similar factor (likely between 2.28-2.5).

Q2: How often is DA revised?
A: DA is typically revised twice yearly (January and July) based on inflation indices.

Q3: Is DA calculated on old or new pension?
A: In this calculation, DA is applied to the old pension amount before the fitment factor adjustment.

Q4: When will the 8th Pay Commission be implemented?
A: Expected implementation is around 2026, with recommendations likely coming in 2025.

Q5: Are there different rules for defense personnel?
A: Defense pensions may have additional components like MSP (Military Service Pay) that factor into calculations.

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