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Monday, September 24, 2012

A Great News for Defence Personnel - One rank One Pension: Cabinet clears Rs. 2300 crore package

In a major victory for ex-servicemen, the government has set aside Rs. 2,300 crore to implement the one-rank-one-pension (OROP) demand that has been pending for years. This has been a major irritant between the armed forces and the bureaucracy.


In recognition of this demand, the Prime Minister in his Independence Day address this year, had announced OROP, apart from several other measures. The Union Cabinet secretary Ajit K Seth was put in charge of a committee that has submitted its report, though after more than a month's delay. OROP implies that servicemen of the same rank and same period of service should get the same pension, irrespective of when they retired. It also means that as and when pension is enhanced, the benefit will also be passed on to those who have retired earlier. 
By the kind courtesy of NDTV.com


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In what comes as a bonanza for the ex-servicemen, the Cabinet on Monday approved the long pending One Rank One Pension. The Cabinet okayed a package of Rs 2300 crore for One Rank One Pension.

The armed forces have been agitating for a One Rank One Pension scheme for quite long. According to the scheme, every ex-serviceman will be eligible for the same pension at his rank, regardless of when he joined or retired.


The cabinet has also cleared dearness allowance (DA) by 7 per cent for all central government employees. Reports indicate the new dearness allowance will now come up to 72 per cent of basic pay, and is expected to cost the exchequer more than Rs 5000 crore.

Notably, Prime Minister Manmohan Singh had during his speech on the Independence Day mentioned about the One Rank One Pension scheme.

By the kind courtesy of IBNLive

Apparent Withdrawal 
of the OROP Announcement

Please be warned

Disappointing News follows 

after the Great News


THE OROP NEWS ITEM SEEMS TO HAVE BEEN WITHDRAWN BY ALL NEWS CHANNELS.

NOR IS IT THERE ANY MORE ON THE INTERNET, FROM WHERE I HAD PICKED UP THE ARTICLE EARLIER.

AWAIT FURTHER ANNOUNCEMENTS.

Wg Cdr CK Sharma
Treasurer, IESM

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