One Rank One Pension Scheme

  • The scheme promises equal pension to military personnel retiring in the same rank with the same length of service, regardless of the date of retirement.
  • OROP would be fixed based on the calendar year 2013 as the average of minimum and maximum pension in 2013 and those drawing pensions above the average will be protected.
  • Only those who retired before the plan kicked in would be entitled to OROP.
  • Personnel who voluntarily retire will not be covered under the OROP scheme.
  • In future, the pension would be re-fixed every 5 years.
  • The estimated cost to exchequer is expected to be Rs 8,000 to 10,000 Crore and will increase in future.
  • The government has proposed a review every five years.

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