Recently, it is understood that a New 2 proposals for Reform in the Military service is expected to be announced soon.
One is extension of Retiring Age----and the Rate of
pension
TWO…reduction of pension
rate from 50% minimum ( cir 568) to slap rate.
According to this new proposal, one has to serve up to the age of 57 yrs.or 35 yrs and more service to earn full pension
Sepoy to Subedar Major to earn full pension. 57 yrs of age or 35 and above yrs of service i.e 50% of last drawn basic pay.
For Officers, retiring age is according to their Ranks - Minimum 57 yrs and maximum 62 yrs. or 35 yrs and above service
Anybody retiring/ getting
discharged earlier than the age of 57 yrs will be treated as
PREMATURE retirement.
The rate of pension ( percentage ) will be as follows:
Those who retire between:
20- 25 yrs of service ………50%
of the present rate of pension
26-30 yrs…of service……60%
of the present pension
31-35 yrs..of service ... ..75% of the present pension
36 yrs and above service ….Full
pension. i.e 50% of last drawn pay.
There will be no change for Battle causality pensioners.
This information is from DMA ( Department of Military Affairs ) under CDS.
The final decision is expected after 10-11-2020.
Whether this Rule will be applicable to existing pensioners or NOT is not known.
Dear veteran brothers,
please be prepared for this
disturbing information very soon.
.
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