Govt announces 'One Rank One Pension' for ex-servicemen

September 05, 2015 15:16

The government on Saturday announced the 'One Rank One Pension' scheme for ex-servicemen.

This is what Defence Minister Manohar Parrikar told a press conference:

* OROP has been in languishing for over 4 decades. Subsequent governments have dragged their feet on the issue citing administrative and financial issues in implementing OROP.

* Previous government allocated Rs 500 crore for OROP. However, reality is that after consulting experts, its is now expected that the OROP will cost an estimated Rs 8000- Rs 10000 crore.

* OROP implies that uniform pension be paid to armed forces personnel retiring in the same rank with same length of service

* Despite huge financial burden given its commitment the government is implementing OROP.

* Pension would be re-fixed every 5 years

* Personnel who retire voluntarily will not be covered under OROP scheme

* One member judicial committee will be constituted, will give reports in 6 months

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