1.5% Extra Growth Needed to Grant Wage Hikes – Jaitley “In the coming year, there would be a burden of Rs 1.02 lakh crore of Seventh Pay Commission, OROP (one rank, one pension) burden is also there. That burden can be sustained only when there is increase in economic activity.” 1.5% Extra Growth Needed to Grant Wage Hikes – “We need to increase our growth rate. We have to … [Read more...] about 1.5% Extra Growth Needed to Grant Wage Hikes – Jaitley
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OROP
Flaws in One Rank One Pension concept – Ranson
Flaws in OROP concept – Ranson The concept of One Rank One Pension (OROP) is to bridge the gap between the rate of pension of the current pensioners and the past pensioners, and also future enhancements in the rate of pension to be automatically passed on to the past pensioners. In armed forces, equality in service has two components, namely, rank and length of … [Read more...] about Flaws in One Rank One Pension concept – Ranson
Central paramilitary forces have demanded One Rank One Pension (OROP)
Central paramilitary forces have demanded One Rank One Pension (OROP): Government New Delhi: Central paramilitary forces and troops in the Assam Rifles have demanded granting of One Rank One Pension (OROP) on par with defence personnel, the Rajya Sabha was informed today. “There are demands from the in-service and retired Central Armed Police Forces … [Read more...] about Central paramilitary forces have demanded One Rank One Pension (OROP)
Notification on appointment of Judicial Committee on OROP – DESW Orders issued on 14.12.2015
Notification on appointment of Judicial Commitee on OROP – DESW Orders issued on 14.12.2015 Finally the Central Government issued orders on appointment of a one man judicial committee headed by Justice L.Narasimha Reddy, retired Chief Justice of Patna High Court. The copy of the order is given below for your ready reference… No.12(01)/2014-D(pen/Pol)-Part-II Ministry of … [Read more...] about Notification on appointment of Judicial Committee on OROP – DESW Orders issued on 14.12.2015
Government Appoints Justice L Narasimha Reddy to Head Judicial Committee on OROP
Government Appoints Justice L Narasimha Reddy to Head Judicial Committee on OROP The Central Government has appointed Justice L Narasimha Reddy, retired Chief Justice of Patna High Court to head the Judicial Committee which will look into the implementation of One Rank One Pension (OROP) scheme for the Ex-Servicemen. The Terms of Reference for the Committee shall be to … [Read more...] about Government Appoints Justice L Narasimha Reddy to Head Judicial Committee on OROP
Most Defence Associations Accepted OROP: Jaitley
Most Defence Associations Accepted OROP: Jaitley New Delhi: Finance Minister Arun Jaitley on Saturday said government’s OROP (One Rank One Pension) formula for retired defence personnel has been accepted by most associations and only a small section had some issues on it. “The government has already announced its decision. Most personnel in their (defence) organisations … [Read more...] about Most Defence Associations Accepted OROP: Jaitley
One Rank One Pension (OROP) scheme from the retired/serving personnel of CAPF
One Rank One Pension (OROP) scheme from the retired/serving personnel of CAPF Press Information Bureau Government of India Ministry of Home Affairs Dated:08.12.2015 One Rank One Pension As per report received from the Central Pension Accounting Office (CPAO), Ministry of Finance, total number of Central Armed Police Forces (CAPFs) and Assam Rifles (AR) pensioners are … [Read more...] about One Rank One Pension (OROP) scheme from the retired/serving personnel of CAPF
Provision of PMR in One Rank One Pension: Minister Replied in Parliament on 1.12.2015
Provision of PMR in One Rank One Pension: Minister Replied in Parliament on 1.12.2015 Minister of State for Defence Shri.Rao Inderjit Singh replied in written form in Rajya Sabha on 1st December 2015 regarding the provision of PMR in One Rank One Pension. He said that the “certain ex-servicemen associations have been demanding for changes in methodology for fixation of … [Read more...] about Provision of PMR in One Rank One Pension: Minister Replied in Parliament on 1.12.2015
7th CPC Pension Calculation : OROP for the pensioners cannot be justified
7th CPC Pension Calculation : OROP for the pensioners cannot be justified One of our reader Mr.GS Joahi writes to us regarding the pension calculation recommended by the 7th Pay Commission with an illustration as follows… The commission recommends the following pension formulations for all pensioners who retired prior 01.01.16 :- First – All the personnel who retired … [Read more...] about 7th CPC Pension Calculation : OROP for the pensioners cannot be justified
Government order on One Rank One Pension: Salient features of the OROP
One Rank One Pension Government order on One Rank One Pension (OROP) has been issued on 07.11.2015. Salient features of the OROP are as follows: Pension of the past pensioners would be re-fixed on the basis of pension of retirees of calendar year 2013 and the benefit will be effective with effect from 01.07.2014. Pension will be re-fixed for all pensioners on the … [Read more...] about Government order on One Rank One Pension: Salient features of the OROP
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