Five years of OROP a momentous event: PM Modi
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The One Rank One Pension scheme is geared toward making certain uniform pensions for veterans retiring in the identical rank with the identical size of service irrespective of once they retire
Prime Minister Narendra Modi on Saturday stated the One Rank One Pension scheme for armed forces veterans was a historic step to make sure the well-being of our troopers, as he greeted them on the fifth anniversary of his authorities’s choice to implement OROP.
Also learn: Increase in retirement age of navy officers proposed
OROP is geared toward making certain uniform pensions for veterans retiring in the identical rank with the identical size of service irrespective of once they retire.
“Today, five years ago, India took a historic step towards ensuring the well-being of our great soldiers, who courageously protect our nation. #5YearsOfOROP is a momentous occasion. India waited for OROP for decades. I salute our veterans for their remarkable service!” Mr. Modi tweeted.
He additionally posted highlights of the choice launched by the Defence Ministry.
According to the federal government, over ₹10,795.4 crore had been distributed amongst 20.60 lakh ex-servicemen and their household pensioners as arrears with a yearly recurring expenditure of about ₹7,123.38 crore.
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