Five years of ‘One Rank One Pension’ scheme a momentous occasion

One Rank One Pension scheme for armed forces veterans was a historic step to ensure the well-being of our soldiers, as he greeted them on the fifth anniversary of his government’s decision to implement OROP.

Daily Current Affairs Quiz 2020

Key-Points

Under the OROP scheme, uniform pension is paid to defence personnel who retire in the same rank with the same length of service, irrespective of their date of retirement.

On November 7, 2015, the government issued an order notifying the OROP scheme and had stated that it would be effective from July 1, 2014.

The OROP was implemented to bridge the gap between the pensions of current and past ex-servicemen at periodic intervals.

Before OROP, ex-servicemen used to get pensions as per the Pay Commission’s recommendations of the time when they had retired.

The armed forces personnel who retired by June 30, 2014, are covered under the OROP scheme.

The Centre has disbursed over Rs 42,700 crore to 20.6 lakh retired Defence personnel under the OROP scheme since its inception, the Defence Ministry had said.