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You are here: Home / Employees News / One Rank One Pension Announcement of Implementation Expected in 4 to 8 weeks
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One Rank One Pension Announcement of Implementation Expected in 4 to 8 weeks

December 18, 2014 by admin Leave a Comment

one rank one pension announcement of implementation expected in 4 to 8 weeks

For many ex-servicemen the wait has been a long one. Their demand and fight for One Rank One Pension will become a reality soon.

Sources tell OneIndia that the defence ministry is working over time to ensure that the same is implemented in quick time. Manohar Parrikar, the defence minister of India was recently quoted as saying that the announcement of its implementation would be made in 4 to 8 weeks.

Significance of OROP

It is an equal demand for pensions. If an officer has retired last year and there is an increase in the pensions the following year owing to enhancements by the pay commissions then it is implemented only prospectively. Basically if an officer has retired in 1990 in the current scenario he is not entitled for an enhanced pension if the same is implemented during the later years. The argument has been that the pension for officers of the same rank should remain the same at all times. This the ex servicemen had demanded as the costs of living was going up and the hike in pensions should benefit all and not just those who have recently retired.

Read more at: http://www.oneindia.com/

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Filed Under: Employees News, Pension Tagged With: one rank-one pension, OROP, pension announcement

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