Seventh pay commission headed by Justice AK Mathur has submitted its report to Finance Minister Arun Jaitley.
Here are some of the recommendations made by the Pay Commission:
* The minimum pay in government is recommended to be set at Rs 18,000 per month.
* One Rank One Pension recommended for central govt staffers as well as armed forces.
* Increase in pay will be 16%, increase in allowances will be 63% and increase in pension would be 24%.
* The age of superannuation for all CAPF personnel to be 60 years uniformly
* A revised pension formulation for civil employees including CAPF & defense personnel who have retire before January 1, 2016.
* Systemic change in the process of cadre review for Group A officers.
* A fitment factor of 2.5 is being proposed to be applied uniformly for all employees.
* The total financial impact in the FY 2016-17 is likely to be Rs 1,02,100 crore, over the expenditure as per the business as usual scenario.
Read the full report of the 7th Pay Commission HERE