Will 'One Rank, One Pension' Take A Physical Form In Budget

BENGALURU: The government is likely to fulfill a long standing demand of adopting ‘One Rank One Pension’ norms made by ex-personnel in particular. It may categorize military pension as a different pension category.
One rank one pension (OROP) is a demand by armed forces in order to ensure that the military pension cannot be equated with other pensions. This move is to bring a motivational and inspirational value to the armed forces.One Rank, One Pension
The information collected from The Times of India reveals that an estimation of Rs. 8,000 crore seems to be allocated by the government to accomplish its commitment made to the ex- servicemen, who have been stridently demanding one rank one pension for many years.
Predominantly, if an officer is retired in 1990 then he is not entitled to get this enhanced pension if the same is implemented during the later years.
The basic idea of OROP demand is that, the pension for the officers with the same rank must remain same all the time since the cost of living is reaching to the sky. OROP basically implies payment of pension uniformly among the retiring army personnel with the same rank and length of service.
The soldiers, airmen and the sailors retire much earlier than their other civilian counterparts like BSF or CRPF receive aborted pension. The government has taken it into account along with considering other hardship factors like risky and life threatening duties and long hours of efforts.
Being a long standing demand by 2 million ex- servicemen in the country for OROP, the Modi’s budget seems to ensure to bring goods future for army men in the long run.
SOURCE- http://www.siliconindia.com/finance/news/