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Government approves the constitution of Seventh Central Pay Commission

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Capital Market

Recommendations are Likely to be implemented with effect from 1 January 2016

Ahead of elections, the central government has announced the constitution of the Seventh Pay Commission, which will go into the salaries, allowances and pensions of about 80 lakh of its employees and pensioners.

The average time taken by a Pay Commission to submit its recommendations has been about two years. Accordingly, allowing about two years for the Seventh Pay Commission to submit its report, the recommendations are likely to be implemented with effect from 1 January 2016.

The names of the Chairperson and members as well as the terms of reference (ToR) of the Seventh Pay Commission will be finalized and announced shortly after consultation with major stakeholders.

 

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First Published: Sep 25 2013 | 2:48 PM IST

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