The sixth pay commission has suggested a 40% hike in salaries of Central Governmant staff anf officers along with their counterparts in defence and paramilitary forces. The report is submitted to Finanace Minister P Chidambaram on Monday by Justice B N Srikrishna.
The current HRA in A1 cities is asked to retain the same according to reports but for HRA in non-A1 cities, the panel has recommended a hike of 10-20%.
50 per cent of salary is recommended as pension at the age of 80, 90, 95 and...