Feb 18, 2015

One Rank One Pension News – Govt contemplates categorising Military Pension separately to make it different from other Pension

Indian Military Veterans
While government is said to be giving final shape to One Rank One Pension implementation, media reports say Govt is considering to make Military Pension as a separate category in order to differentiate from other pensions.
Considering the factors such as risk to life and round the clock work nature, Government is contemplating such a move the report says.
Implementation of One Rank One Pension involves additional cost of Rs. 8000 Crores and it would stand to benefit almost 20 lakh Ex-Servicemen
OROP is a long pending demand of Ex-servicemen to ensure uniform pension is paid to defence personnel who retire at the same rank with the same length of service, irrespective of their date of retirement.
Source: Zee News
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