One Rank-One Pension - Indian Military Veterans

ARMED FORCES VETERANS LATEST NEWS BY 

INDIAN MILITARY VETERANS



SPARSH RELATED NEWS

Capt KS Ramaswamy
Editor





Featured Post

ECHS explains: everything you need to know ECHS

ECHS explains: everything you need to know ECHS ECHS stands for Ex-Servicemember Contributed Health System. This is a health insurance schem...

Dec 13, 2011

One Rank-One Pension

The gap between past pensioners and their youger equivalents retiring from the armed forces does not necessarily keeps widening with every successive pay commission. Over the years several improvements have been made in pension of past pensioners. The pension of past pensioners have revised in accordance with recommendation of each successive Pay Commission, as accepted by the Government. The Sixth Pay Commission had recommended fitment formula and modified parity for past pensioners, in order to reduce the gaps, which were accepted by the Government.


Pension Improvement is an ongoing process and considerable improvements have been made in the pensions of armed forces personnel. The Group of Ministers (GoM) had in 2005 improved the pensionary benefits of PBORs. On the recommendations of PMO, a Committee was set up under the Chairmanship of Cabinet Secretary in June, 2009 to look into the issue of `One Rank One Pension and other related matters. After considering all aspects of the matter, the Committee keeping in mind the spirit of the demand, suggested several measures to substantially improve pensionary benefits of Personnel Below Officer Rank (PBOR) and Commissioned Officers, which have been accepted by the Government and orders for implementation of all the recommendations have been issued. These are available at www.pcdapension.nic.in. 


This information was given by Minister of State for Defence Shri MM PallamRaju in a written reply to Dr.RajanSushantand others in LokSabha today. 


PK/NN 
(Release ID :78436)


ource : PIB

No comments:

Post a Comment

Indian Military Veterans Viewers, ..

Each of you is part of the Indian Military Veterans message.
We kindly request you to make healthy use of this section which welcomes the freedom of expression of the readers.

Note:

1. The comments posted here are the readers' own comments. Veterans news is not responsible for this in any way.
2. The Academic Committee has the full right to reject, reduce or censor opinion.
3. Personal attacks, rude words, comments that are not relevant to the work will be removed
4. We kindly ask you to post a comment using their name and the correct email address.

- INDIAN MILITARY VETERANS- ADMIN

LATEST NEWS

Post Top Ad