7th pay commission: 20% average salary hike announced
The Jammu and Kashmir government on April 24 approved implementation of 7th Pay Commission’s recommendations and with this it becomes the first state in the country to do so resulting in 20 per cent average hike in the salary of its lakhs of employees.
The implementation will have an additional burden of Rs 4,201 crore annually in respect to salaries and Rs 7,477 crore on account of one-time arrears on the state exchequer, the state’s finance minister Syed Altaf Bukhari said.
It was a major commitment of state government promised in the budget, said Bukhari, adding that it has been the first time in state’s history that pay commission’s recommendations have been implemented without any agitation from employees and despite lack of resources, The Indian Express quoted Bukhari as saying.
With the implementation of the 7th Pay Commission recommendations, the basic pay of employees as on December 31, 2015 shall be multiplied by uniform factor of 2.57 and then adjusted in the matrix recommended by the pay committee, an official release read.
Employees can draw their revised salary from the current month itself and the arrears accruing on account of implementation of 7th Pay Commission recommendations will be credited to their GP Fund account as has been the practice in the past. The arrears shall be paid to pensioners in cash in three installments after every six months.
On the revised pay, House Rent Allowance shall be available from April 2018 and all other allowances excluding Dearness Allowance shall continue as before.