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	<title>7th CPC recommended Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS</title>
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	<title>7th CPC recommended Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS</title>
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		<title>Multiplication Factor / Fitment Formula recommended by 7th Pay Commission</title>
		<link>https://centralgovernmentnews.com/multiplication-factor-fitment-formula-recommended-by-7th-pay-commission/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 20 Nov 2015 05:22:12 +0000</pubDate>
				<category><![CDATA[7CPC]]></category>
		<category><![CDATA[7th Central Pay Commission]]></category>
		<category><![CDATA[7th CPC Multiplication Factor]]></category>
		<category><![CDATA[7th CPC Recommendations]]></category>
		<category><![CDATA[7th CPC recommended]]></category>
		<category><![CDATA[7th CPC Report]]></category>
		<category><![CDATA[Fitment Formula]]></category>
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					<description><![CDATA[<p>Multiplication Factor / Fitment Formula recommended by 7th Pay Commission 7th CPC recommended the Multiplication Factor proposed is 2.57 Fitment : The starting point for the first level of the matrix has been set at Rs. 18,000. This corresponds to the starting pay of Rs.7,000, which is the beginning of PB-1 viz., Rs.5,200 + GP 1800, which prevailed on [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/multiplication-factor-fitment-formula-recommended-by-7th-pay-commission/">Multiplication Factor / Fitment Formula recommended by 7th Pay Commission</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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										<content:encoded><![CDATA[<p>Multiplication Factor / Fitment Formula recommended by 7th Pay Commission</p>
<p><img fetchpriority="high" decoding="async" class=" aligncenter" src="https://scontent-sin1-1.xx.fbcdn.net/hphotos-xaf1/v/t1.0-9/12279127_748217735282847_6172708244443725238_n.jpg?oh=c9ad3505dc2c41bdd334a5954c3ff804&amp;oe=56B94AB9" alt="Fitment-Formula-recommended-by-7th-Pay-Commission" width="470" height="246" /></p>
<p><strong>7th CPC recommended the Multiplication Factor proposed is 2.57</strong></p>
<p><strong>Fitment :</strong> The starting point for the first level of the matrix has been set at Rs. 18,000. This corresponds to the starting pay of Rs.7,000, which is the beginning of PB-1 viz., Rs.5,200 + GP 1800, which prevailed on 01.01.2006, the date of implementation of the VI CPC recommendations.</p>
<p>Hence the starting point now proposed is 2.57 times of what was prevailing on 01.01.2006. This fitment factor of 2.57 is being proposed to be applied uniformly for all employees. It includes a factor of 2.25 on account of DA neutralisation, assuming that the rate of Dearness Allowance would be 125 percent at the time of implementation of the new pay. Accordingly, the actual raise/fitment being recommended is 14.29 percent.</p>
<p>Source: <a href="http://7thpaycommissionnews.in/multiplication-factor-fitment-formula-recommended-by-7th-pay-commission/" target="_blank">7thpaycommissionnews.in</a></p>
<p>The post <a href="https://centralgovernmentnews.com/multiplication-factor-fitment-formula-recommended-by-7th-pay-commission/">Multiplication Factor / Fitment Formula recommended by 7th Pay Commission</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
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