×

Maintenance Repair & Overhaul Space Air Cargo

Home- Stories

India Committed to Give One Rank One Pension

: Mar 4, 2014 - : 12:33 pm

 
Defence Minister A K Antony has assured the armed forces that the government is fully committed to implement the One Rank, One Pension (OROP) policy and that required funds will be made available to ensure its implementation.
 
Chairing a meeting of the top brass of the services and senior officials of MoD,  Antony said the finance minister had clarified that the figure of five billion rupees made available to implement the scheme was only 'indicative'.
 
The meeting was convened by Antony to discuss the modalities for implementation of OROP. It was attended among others by the Minister of State for Defence Jitendra Singh, Defence Secretary  RK Mathur, Secretary Ex- Servicemen's Welfare Sangita Gairola, Secretary Defence Finance  Arunava Dutt, the three Service Vice Chiefs and AG from the Services Headquarters.
 
It was noted that "OROP implies that uniform pension be paid to the armed forces personnel retiring in the same rank with the same length of service irrespective of their date of retirement and any future enhancement in the rates of pension to be automatically passed on to the past pensioners. This implies bridging the gap between the rate of pension of the current pensioners and the past pensioners, and also future enhancements in the rate of pension to be automatically passed on to the past pensioners".
 
 Antony directed that the Controller General of Defence Accounts should initiate immediate necessary steps in consultation with the three services, MoD Finance and Department of ESW to give effect to the decision. He also emphasized that family pensioners and disability pensioners would be included. Ex-Servicemen may also be appropriately consulted by the services, Antony said.
 
It may be recalled that improvements in the pension for defence services have been effected by the government on three occasions in recent times – in 2006, 2010 and 2013. As a result of these changes, the gap in pension amount between pre-2006 and stories-2006 retirees has been bridged substantially. However, keeping in view the long- standing demand, the government has accepted the principle of OROP for defence services.
 

MORE NEWS

Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.

Popular Posts

Copyright 2023. GBP. All Rights Reserved.

Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us

z-index: 9999; /* Ensure the ad is on top of other elements */