7th Pay Commission - Gazette Notification Issued; Central Govt Employees, Pensioners to get increased payout for August 2016

The Union government on Tuesday July 26,2016 issued notification for the implementation of the 7th Pay Commission recommendations related to the hike in basic pay and pension.

With the issuance of notification, 4.8 million central government employees and 5.2 million pensioners will get the increased payout for their August salaries.

The notification is dated July 25, 2016.

Gazette Notification has been made with regard to 7th Pay Commission Recommendations by the Ministry of Finance.

— Ministry of Finance (@FinMinIndia) July 26, 2016

The 7th Pay Commission recommendations on basic pay and pension hike will be effective from January 1, 2016, according to the gazette. The arrears on this account will be paid during the financial year 2016-2017.

"With regard to fixation of pay of the employee in the new Pay Matrix as on 1st day of January, 2016, the existing pay (Pay in Pay Band plus Grade Pay) in the pre-revised structure as on 31st day of December, 2015 shall be multiplied by a factor of 2.57," the notification said.

The notification said as regards to the annual increment, instead of the earlier July 1, now there will be two dates of January 1 and July 1. In a year the employee will be entitled for increment at one of these dates depending on his date of appointment, etc.