New Delhi. The excitement about the 8th Pay Commission is continuously increasing for millions of central employees of the country. There is talk that if the Commission’s recommendations are implemented late, the employees will not only get a salary hike but may also receive a huge amount as long pending arrears.
According to experts, there may be a major change in the salary structure of employees if the recommendations of the Pay Commission are implemented. Along with this, there is also a possibility of getting the arrear amount, which in some cases can reach lakhs of rupees. However, no official announcement has been made by the government on this yet.
What is arrears?
Arrears is the amount that is given to the employees as the difference from the previous period after the implementation of wage revision. That is, when the new pay scale is implemented, the difference in the period from the date of its effective till the commencement of payment is given as arrears.
Increased expectations among employees
There is an atmosphere of excitement among central employees and pensioners amid the discussion about the 8th Pay Commission. They hope that this time, along with a significant increase in salary, they will also get the benefit of arrears, which will further strengthen their financial position.
What is the situation now?
At present the process regarding the 8th Pay Commission is in the initial stage. There is no clarity yet on its report, recommendations and timeline for implementation. In such a situation, the final picture regarding arrears or salary increase will be clear only after the government’s notification.
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