Here are nine key points you must know about the Seventh Pay Commission

1. INDIA TODAY - Salaries to go up by at least 30 percent after Seventh Pay Commission: All you need to know

Here are nine key points you must know about the 

Seventh Pay Commission:

1. Around 48 lakh central government employees and 55 lakh
pensioners will benefit from the Seventh Pay Commission.

2. The Pay Commission was set up by the UPA government
 during its regime. The recent changes have come under the
 influence of the NDA government.

3. Former IAS officer Vivek Rae, economist Rathin Roy and
Commission secretary Meena Agarwal are members of the
commission among others.

4. The salaries of IPS and IRS officers will get at par with
 that of IAS officers under the new commission.

5. In order to cut down parity, the number of pay bands
will be reduced. At present, there are 32 pay bands,
which will reduce to 13.

6. The central government's salary bill will rise by
9.5 percent to Rs 1,00,619 crore after the commission takes effect.

7. Under the pay commission, the government can cut
down salaries of the 'underperforming' central government by 5 to 6 percent.

8. The duration of service will also be reduced to
55 years of age or 33 years of service.

9. The Seventh Pay Commission is said to increase
 basic salaries by 30 to 40 percent. The basic salary
set in the First Pay Commission was Rs 35 per month.

SOURCE - INDIA TODAY
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