The government has decided to implement the One Rank One Pension (OROP) scheme for veterans, Defence Minister Manohar Parrikar said on Saturday. The pension would be refixed every five years and the scheme will be with effect from July 1, 2014.
Here are the highlights of his announcement:
Government has decided to implement OROP.
- Despite huge financial burden, govt has taken a decision to implement OROP.
Pension of ex-servicemen will be revised every five years.
Government took some time to fulfil its OROP promise, the expenditure in arrears alone would cost around Rs 10,000- 12,000 crore.
Personnel who retire voluntarily will not be covered under OROP scheme.
Pension would be re-fixed every 5 years.
One member judicial committee will be constituted, will give reports in 6 months.
PM Modi has fulfilled his commitment and implemented OROP.
I appeal to the veterans now to continue the task of nation building.
OROP implies that uniform pension be paid to armed forces personnel retiring in the same rank with same length of service.
All widows, including war widows will be paid arrears in one installment.
Further enhancement in rate of pension will be automatically passed to past pensioners, bridging gap between current & past pensioners.
OROP would be fixed on the basis of calendar year 2013.
Pension will be fixed for all pensioners retiring in the same rank with the same length of service as the average of minimum and maximum pension in 2013.
OROP will be implemented from July 1, 2014.
(With inputs from Agencies)