In a new development for the 7th Pay Commission meeting next month, the Union Cabinet has approved the Pay Hike for Judges as per the recommendation of 7CPC. The decision will directly impact the computation of salaries, gratuity, allowance structure, and pension of the in-service as well as retired judges of Supreme Court as well as High Courts across the country.
The Union Cabinet meeting chaired by Prime Minister Narendra Modi approved the long-pending amendments in two legislations viz Supreme Court Judges (Salaries and Conditions of Service) Act, 1958 and High Court Judges (Salaries and Conditions of Service) Act, 1954, in accordance of which, the salaries and other benefits are computed for Judges of Supreme Court of India and High Courts of all states including the Chief Justice of India (CJI) and State Chief Justices amongst other Judges.
3610+ Judges to see Pay Hike as per 7th Pay Commission
The amendment in the two legislations is set to benefit 3610+ Judges all together including the in-service and retired judges of the country. It will impact the salary, gratuity, pension and other remuneration and allowances of 31 Judges of Supreme Court of India including the Chief Justice of India, 1079 Judges of High Courts including their respective Chief Justices and 2500+ Retired Judges.
Arrears to be Paid with Retrospective Effect
The Pay Hike will be effective from 1st January 2016 and arrears of the same will be paid as a Lumpsum payment. As per a statement released by the Union Cabinet, “Arrears on account of revised salaries, gratuity, pension and family pension w.e.f 01.01.2016 will be paid as one time lump sum payment.”
Setting Up 15th Finance Commission
The Union Cabinet has approved to set up 15th Finance Commission and more information on the same will be notified later. The 15th Finance Commission will gear up for recommendations commencing from 1st April 2020 and plan for the next 5 Years thereon.
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