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scheme promises equal pension to military personnel retiring in the same rank
with the same length of service, regardless of the date of retirement.
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.
those who retired before the plan kicked in would be entitled to OROP.
who voluntarily retire will not be covered under the OROP scheme.
future, the pension would be re-fixed every 5
estimated cost to exchequer is expected to be Rs 8,000 to 10,000 Crore and will increase in future.
government has proposed a review every five years.