Thursday, February 19, 2015

ONE RANK ONE PENSION IS FAST APPROACHING







OUR Govt this time has decided that the military personnel,  who retire at a much earlier age and undergo life-threatening postings, can not be equated with other government employees. 

 Both the Finance and Defence Ministers, Arun Jaitely and Manohar Parrikar, have approved the step. 

 OROP basically implies payment of uniform pension to personnel retiring in the same rank with the same length of service, irrespective of their date of retirement. 

 “Military pension as a category has been defined as separate from others based on a series of criteria. This takes into account the hardship factor like being posted in far-flung areas, risky life-threatening duties and long hours of hardship,“ a source said.


NEW DELHI: The much-awaited "one rank, one pension (OROP)'' for the armed forces is likely to be part of the Union budget, and could be implemented soon thereafter with the government defining "military pension'' as a category separate from other kinds of pension. 

An estimated Rs 8,000 crore is likely to be allocated by the government to fulfill its commitment to the over 25 lakh ex-servicemen, who have been stridently demanding OROP for several years without much success despite all political parties promising its implementation. 


SOI: Ex-servicemn Welfare.


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