5 Dariya News

Centre committed to one rank, one pension

5 Dariya News

New Delhi 22-May-2015

Union Finance Minister Arun Jaitley on Friday said the one-rank one-pension (OROP) concept was "an unambiguous commitment" of the central government and will be implemented.Addressing a press conference held to mark one year of the Narendra Modi government, Jaitley said the defence ministry was talking to various stakeholders on the methodology of calculation of pension concerning ex-servicemen.Last week, Defence Minister Manohar Parrikar said OROP was in its final stages and expected to be cleared by the finance ministry in a few days.OROP is a long standing demand of ex-servicemen's associations and relates to payment of uniform pension to defence forces personnel retiring in the same rank with the same length of service, irrespective of their date of retirement.