OROP got Cabinet nod

The One Rank-One Pension scheme, brought in last November to benefit more than 2.5 million ex- servicemen and war widows, has received ex-post facto approval from the Union Cabinet.

One Rank-One Pension was recommended by Kashyari committee.

• Under the scheme, pension would be revised on the basis of the pension of retirees of calendar year 2013 and the benefit will be effective from July 1, 2014. In future, the pension would be revised every five years.
• Financial implications on account of grant of OROP, including pre-matured retiree cases, would be Rs 10,925.11 crore for payment of arrears and annual financial implication would be Rs 7,488.7 crore.

One-rank one-pension scheme:

This is a scheme which will ensure that soldiers of the same rank and the same length of service receive the same pension, irrespective of their retirement date. In simple words, it demands equal pensions for those who have retired in one particular year, as those who retire in another year at the same position, and for the same duration of services rendered. The difference in the pension of present and past pensioners in the same rank occurs on account of the number of increments earned by the defence personnel in that rank.