Comprehensive News & Analysis
15:30:12
One Rank One Pension Scheme
Context: The One Rank One Pension (OROP) Scheme of armed forces has completed 5 years of its inception. As per the data, the Government of India has disbursed Rs 42,700 crores to more than 20.6 lakh ex-servicemen in the last five years.
One rank One Pension
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Under the scheme, every retired personnel of the Indian Army will be getting the same amount of pension irrespective of the date he retires.
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The scheme has been in practice since 1947. After 26 years, in 1973, the Indira Gandhi government terminated the scheme. Again, the scheme was introduced in 2008 and ran till 2014.
Koshiyari Committee
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It was a 10-member committee formed under the chairmanship of Bhagat Singh Koshyari.
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The committee defined One Rank One Pension as a uniform pension to be paid to the armed forces personnel who are retiring in the same rank with the same length of service. This is irrespective of their date of retirement.
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The committee submitted its report in 2011.
Concern Regarding OROP
The main concerns of the veterans are around the premature retirees. The one rank one pension system grants revision every five years. However, the veteran wanted to be revised every one to two years.
