Orop (One Rank One Pension) latest news today 2023

Orop (One Rank One Pension) latest news today 2023

What is OROP (One Rank One Pension) :

The OROP stands for ‘One Rank One Pension’. It was a pension scheme initiative taken by the Indian government on 1st July 2014. Which was officially put into existence in 2015. This scheme was particularly indicated for the defense personnel. It aims to prevent all the disparities existing among pension benefits. I.e. It provides the same pension rate to all the defense employees who are in the same rank position. And with the same service period of time Despite considering their date of retirement. As a token of appreciation our Indian government endeavors this scheme. For their astonishing services and sacrifices for their own nation. Also ensures much fairness and for their unwavering dedication and sacrifice throughout their service.

OROP (One Rank One Pension) latest news today 2023 :

The revised number of OROP pension scheme will now benefit around 25.13 lakh pensioners and related families. This is applied to all rank levels in the armed forces. It becomes effective from 1st July 2022. OROP revision applies to armed forces personnel who retired up to 30th June 2019. Excluding those who attain premature retirement i.e. before the retirement period. From the period of 1st July 2014. It ensures that these individuals receive the revised OROP scheme benefits.

OROP Pension Policy 2023 :

The supreme court has recently passed a statement relating to the revised OROP policy 2023. It states that the pending dues and arrear amount should be credited to the defense employees. The payment should be made within one or a few installments to those who are above 70 years and more. This sum amount will be credited by June 30th, 2023. It also specifically mentioned that it should clear the arrears to six lakh pensioners' families by April 30th. Also including the gallantry award achievers.

Orop Pension Policy Revised Table 2023 :

Our Indian government has come up with a new revised OROP table for the year 2023. Here in this table, you can see there are different ranking positions relating to defense and armed forces. Also, the pension amount claimed by the defense pensioners for each revised period of time. It defines the level of sepoy to superior major general. So just have a look at the below table.

Difference between OROP (One Rank One Pension) and pension :

Generally, most people tend to be confused about what’s the actual difference between the OROP pension scheme and the normal pension. There is a major policy that distinguishes the OROP from other normal pension schemes. I.e. a government employee can get eligible to claim a pension amount that differs according to the age and the service period duration after attaining the retirement age. Which mostly lies between 58 - 60 years. But here in this OROP scheme, the pension amount doesn’t vary based on retirement age and service period duration served.

For example, if a defense personnel was in the position of sub-major and retired at the age of 58. Let us assume his pension amount at that time of retirement is Rs. 33,000/-. And another defense personnel also got retired with the same rank position. With the different timelines of the service period. And retired at 56 years. Then he is also completely eligible to claim the same amount of pension Rs. 33000/-. Whereas the other department government employees were not allowed to attain such facilities.

Who are the beneficiaries of the OROP scheme :

The main beneficiaries of the OROP scheme are the ones who worked under the armed forces (Air Force, Army, and Navy respectively). Two main categories were considered to provide pensions under OROP. the defense personnel who served their entire service period. And another for veterans i.e. who got discharged earlier from their services irrespective of dishonorable situations.

OROP (One Rank One Pension) latest update today 2023 :

The government of India has issued a circular for a revised OROP pension scheme under the Ministry of defense department of ex-servicemen welfare as shown below.

Orop (One Rank One Pension) latest news today 2023


What is the current status of OROP in India?

The OROP scheme was announced by the Indian government in 2015 and aimed to provide equal pension benefits to retired armed forces personnel with the same rank and length of service, irrespective of their date of retirement. The implementation of OROP has brought about significant changes in pension calculations for veterans. However, there is a new revision of the number under OROP (One Rank One Pension) latest news today 2023.

What is the eligibility for the OROP pension scheme?

The civil servants who come under the armed forces i.e. Army, Navy, and Indian air force. They are eligible to opt for this scheme once they retire from their service or else are released from their services without any dishonorable consequences. To know whether you are the one who is eligible under this scheme then check throughout the content. Related to each aspect of OROP (One Rank One Pension) latest news today 2023.

Pros and Cons of OROP pension scheme?

The advantages of this scheme are -

Equality and fairness by providing the same pay sum of pension without considering the date of retirement and duration of the service period.

Recognition of service as they serve their nation by sacrificing their lives and dear ones.

And the disadvantages are -

Financial challenges might arise to provide an equal pension for a huge number of pensioners who are at the same rank levels.

Disparities might arise if one gets the highest pay with a low length of service period and at early retirement age.

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