| One rank, one pension: Union Govt approves pension revision of armed forces | | Decision will benefit over 25.13 lakh armymen | |  Early Times Report
Jammu, Dec 23: The Union Cabinet, headed by Prime Minister Narendra Modi has approved the revision of the pension of Armed Forces Pensioners/family pensioners under One Rank One Pension (OROP) w.e.f.July 01, 2019. Pension of the past pensioners would be re-fixed on the basis of average of minimum and maximum pension of Defence Forces retirees of the calendar year 2018 in the same rank with the same length of service.
The Armed Forces Personnel retired up to June 30, 2019 excluding pre-mature (PMR) retired w.e.f.July 01, 2014 will be covered under this revision.
More than 25.13 lakh (including over 4.52 lakh new beneficiaries) Armed Forces Pensioners/family pensioners will be benefitted. Pension for those drawing above the average shall be protected.
The benefit would also be extended to family pensioners, including war widows and disabled pensioners.
Arrears will be paid in four half-yearly installments. However, all the family pensioners, including those in receipt of Special/Liberalised Family Pension and Gallantry Award Winners, shall be paid arrears in one installment.
The Government took a historic decision to implement OROP for the Defence Forces Personnel/family pensioners and issued policy letter on November 07, 2015 for revision of pension w.e.f.July 01, 2014. In the said policy letter, it was mentioned that in future, the pension would be re-fixed every 5 years. Approx. Rs 57,000 crore has been spent @Rs 7,123 crore per year in eight years in the implementation of OROP. |
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