Saturday, September 5, 2015

Defence Minister Parrikar Announces One Rank One Pension: Highlights

Defence Minister Manohar Parrikar Announces One Rank One Pension: Highlights

Defence Minister Manohar Parrikar announces the implementation of One Rank One Pension.



New Delhi:  Defence Minister Manohar Parrikar announced the implementation of the long-awaited One Rank One Pension or OROP this afternoon.

Here are the highlights:



 


  • The government is proud of our armed forces personnel.

  • It is a matter of deep anguish that various governments remained ambivalent on OROP.

  • The government in 2014 said that OROP would be implemented by 2014 December, but there were no steps taken.

  • It is for these reasons that the current government took some time to fulfill the promise.

  • PM Modi has reiterated his commitment to OROP many times.

  • The previous government allocated Rs 500 crores but the reality is that it would take Rs 8,000-10,000 crores.

  • OROP is that uniform pension for people who retire from the same rank irrespective of when they do so. It involves rationalization of pensions.

  • Arrears will be paid 4 half-yearly installments.

  • Widows will be paid arrears first. They will be paid in 1 installment.

  • Pension will be fixed keeping 2013-14 as the base year.

  • Personnel who take Voluntary Retirement from Service (VRS) will not be covered under OROP.

  • Pension would be rationalised every 5 years.

  • Expenditure on arrears alone would be approximately Rs 10,000-12,000 crores.

  • This is not an administrative issue alone that’s why a one-member judicial committee will be constituted. Report will arrive after 6 months.

  • PM Modi has approved One Rank One Pension. Defence Ministry will release a detailed order soon.

  • I hope the OROP issue behind us. I appeal to veterans to contribute in nation building.

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