17 Nov, 2015 9:19p.m.

Media reports : 7th CPC report likely on 19th November. 15% hike rumored

More and more reports are coming in suggesting that 7th Pay Commission would be submitting its recommendations on Pay and Allowances of Central Government Employees 19th or 20th November 2015. The report also suggest that the huge disappointment waits the employees as the commission is likely to suggest a 15% salary hike as against the expected increase in pay of around 40%. The sixth pay commission recommended 35% increase in the pay and allowances of Central Government Employees which was accepted by Govt in 2008.

As per the sources, the 7th Pay Commission is unlikely to suggest changes in the retirement age of central government employees. The retirement age is also not under purview of the pay commission.

The Confederation of Central Government Employees and Workers Karnataka State in its blog have indicated that there is possibility of 7th CPC to submit its report on 20th November 2015 or 23rd November 2015. It also mentions that the report will not be as per expectations. The minimum wage taking into prices published by the Government of India shall come to Rs 26,000/-, considering the existing retail prices the minimum wages works out to Rs 28,000/- and fitment formula shall works out to 4.00 , but the minimum wage may be around Rs 21,000/ against the justified demand of Rs 28,000/- the fitment formula may be from 2.86 to 3.15 , also many other important demands of five promotion policy, Increment rate increase, retirement issues, pension issues etc. The confederation has also decided for observance of All India protest day on 19th November 2015.
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