Justice A K Mathur, who heads the seventh pay commission, submitted its report to Finance Minister Arun Jaitley here on Thursday evening.
The report will now be sent to all ministries for their comments and suggestions. Thereafter, it will be sent to an Implementation Committee which is chaired by the cabinet secretary. It is expected to be implemented by mid next year, after the Union cabinet clears it.
According to reports, the 7th Pay Commission is likely to recommend a 22-23 per cent jump in the salaries and allowances of the central government employees.
The commission was set up in February last year to revise remuneration of about 48 lakh central government employees and 55 lakh pensioners. Its recommendations will also have a bearing on the salaries of the state government staff.
The Union Cabinet had extended the term of the panel in August by four months till December.