One Rank One Pension – How Much is the Gain for the Veterans?
The hike on account of One Rank One Pension basically will depend on a complex calculation depending on at what rank a Defence Personnel had retired and how much his /her length of service etc.
Now that the One Rank One Pension (OROP) has been cleaared by the Government, the other question that automatically comes to the mind is how much gain the war Veterans are going to enjoy. The hike basically will depend on a very complex calculation depending on when an officer retired, rank at the time of retirement and what length of service rendered by a Defence Personnel . Weightage that is given to these factors are known now in a very broader spectrum. Finer aspects which decide one rank one pension benefit for each ex-serviceman will bccom clearer only when the Government tables its final report.
Sources point out, before the final report is tabled by the Government, and before going through the conditions in it, it would be hard to calculate the benefit out of One Rank One Pension. However a vague calculation is made taking into consideration the nature and manner the OROP was accepted by the Government. Based on this calculation it is estimated that retired military officers will get a pension hike ranging from Rs 8,000 to Rs 22,000 per month, while jawans and junior commissioned officers will get Rs 2,200 to Rs 9,000.
Because of the complex calculation, the figures will vary from one retired personnel to another. For example., A Brigadier who retired in April 1996 after almost 33 years of service, gets Rs 62,300 as monthly pension in his hand as of now, will get at least Rs 9,000 to Rs 10,000 more after OROP.
A Colonel who retired in 2001 gets Rs 44,000 as pension now. After OROP, it will increase by around Rs 10,000 to Rs 15,000 per month.
A Havildar who retired in 1991 gets Rs 5,595 as his monthly pension. With OROP, he will get an additional Rs 4,000 every month.
These are only vague figures, the exact hike and the benefits will become clearer only after the final report is tabled by the Government.
Source: Times of India