8th Pay Commission: Pay Hike Likely To Depend On THIS Formula; How Much Minimum Salary And Minimum Pension Expected To Be Hiked?
8th Pay Commission Latest Update: As per media reports the recommendation of fitment factor and consequent pay hike for central government employees will be eased on the Aykroyd formula. The mimimum and maximum pay under Seventh Central Pay Commission was based on the same Aykroyd formula.
8th Pay Commission Latest Update: As per media reports the recommendation of fitment factor and consequent pay hike for central government employees will be eased on the Aykroyd formula. The mimimum and maximum pay under Seventh Central Pay Commission was based on the same Aykroyd formula.
8th Pay Commission Gets Cabinet Green-Signal

8th Pay Commission Recommendation And Its Impact On Salary

8th Pay Commission: Salary Calculation Formula

Pay Commission Salary Calculation Formula: What Is Aykroyd Formula?

The formula is based on recommendations of Wallace Ruddell Aykroyd — a well known nutritionist and first director of the Department of Nutrition at FAO (Food and Agricultural Organisation) — whose recommendations were based on the food and clothing requirements of the people of a country. The formula gauges wages or payout of employees based on the family's nutritional requirement
7th Pay Commission: Minimum Pay Based On Aykroyd Formula

7th Pay Commission: Maximum Pay Based On Aykroyd Formula

8th Pay Commission: How Much Minimum Salary And Minimum Pension Be Hiked Based On Aykroyd Formula?

As per media reports the pay panel will base the fitment factor in the range of 1.92 to 2.86. Should the recommendation of 2.86 fitment factor is given a green signal, the minimum basic salary of a government employee would go up from Rs 18,000 per month to Rs 51,480. The minimum pension, based on the same factor will go up to from Rs 9,000 currently to Rs 25,740.





