Monday, February 17, 2014

ONe Rank One Pension for armed forces approved in budget

Great news for ex servicemen. Finance Minister in his interim budget granted Rs 500 Crores for implementation of OROP for the ex servicemen. It will be effected prospectively from 01.04.2014.
Chidambaram says the government has accepted the one rank one pension scheme for the defence forces. "Rs 500 crore will be transferred in 2014-15 for implementing the 'one rank one pay' decision,"

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3 comments :

Anonymous said...

It is interested to see how OROP is going to be implemented. It seems that the only way to implement it is to make notional pay for pension for 33 yrs of service maximum of PB+GP+MSP for both pre and post 2006 retirees.

February 18, 2014 at 10:51 AM
Unknown said...

weather PSU will get the DA merger benefit

February 21, 2014 at 12:20 PM
555 said...

Please send expect pension table for PBOR after 01.04.2014

March 22, 2014 at 10:41 AM

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