New One Rank One Pension Table 2023. Check OROP II New Arrears Rank Wise. Read All the Latest News on OROP Revisions for Indian Army Retired Soldiers.
On December 23, the Indian government declared that the One Rank One Pension (OROP) plan would be revised. 4.52 lakh additional recipients have been added to the list, according to the most recent news. The new total of OROP Pension recipients is 25,13,000.
This OROP Revision will take effect on July 1, 2022. This OROP amendment will apply to retired members of the armed forces who have served until June 30, 2019, excluding pre-mature (PMR) retirees who left on July 1, 2014.
Following the announcements of the OROP Revision, the beneficiaries have been shown to be joyful. The OROP beneficiaries are curious to see what the revised pension will be and what arrears they will receive after the change now that the announcements have been made formally.
The OROP Pension Revised Table 2023, Likely Arrears Table from July 1, 2019, to June 30, 2022, is available below.
OROP New Pension Table 2023 (Revised)
The One Rank One Pension (OROP) Revision was approved after the appeal for an extension of time for the OROP Scheme Pension Arrears Payment until March 15, 2023.
The OROP Scheme states that the future pension of past pensioners will be guaranteed based on the minimum and maximum averages of their pensions among Defense Forces retired officers with the same rank and duration of service in 2019.
Not all ranks are included in this table for OROP II pension. The administration will probably announce a new table. When there are updates, we will update the same accordingly.
|One Rank One Pension (OROP) Scheme 2023|
|Rank||Pension as of 1st January 2016||Revised Pension from 1st July 2019||Likely Arrears from 1st July 2019 to 30th June 2022|
Four half-yearly payments will be made to cover any arrears. All family pensioners, including those who already receive Special or Liberalized Family Pension and Gallantry Award Winners, will, nevertheless, get their back pay in a single instalment.
According to the applicable dearness relief, the arrears with effect from July 1, 2019, to June 30, 2022, have been assessed at Rs 23,638 crore.
About One Rank One Pension Implementation
The Indian government has introduced the One Rank One Pension (OROP) policy, which attempts to guarantee that retired military personnel of the same rank and years of service receive the same pension, regardless of the year in which they retired. Prior to OROP, military pensions were determined using the pay commission recommendations that were in effect at the time of retirement. As a result, pensions for personnel who retired in different years could differ significantly, even if they held the same rank and had the same amount of service time.
After decades of advocacy by war veterans and their families, the OROP policy was put into place in 2015.
The goal of the strategy was to commemorate the service and sacrifices of military people while addressing the long-standing problem of unequal pensions.
However, there was some debate over OROP’s implementation. There were disagreements on the finer points of the programme, such as what constitutes “same rank” and how pensions are computed. Additionally, some veterans claimed that the annuities provided by OROP were still insufficient.
Despite these disputes, the OROP programme has mainly been successful in giving military people a more equitable system of pension payments. Additionally, it has assisted in enhancing the morale and wellbeing of retired military members, who have historically frequently struggled with money issues.
The One Rank One Pension policy has been a major accomplishment for the Indian government and military overall and has assisted in resolving a long-standing issue that had been a source of anger and resentment for many retired troops.