Why in the News?

The One Rank One Pension (OROP) scheme completes its 10^th anniversary in 2024, marking a decade of substantial benefits and recognition for India's ex-servicemen, affirming the government's dedication to the welfare of its veterans.

About the One Rank One Pension Scheme

• Objective: Established to ensure equal pension for military personnel retiring at the same rank and with the same service length, regardless of retirement date.
• Launch: Implemented by the Indian government in 2014 to address pension disparities among veterans, marking a major policy shift.
• Historical Demand: The issue remained unresolved for over 40 years, with multiple government committees exploring solutions until the 2014 government’s budget allocation and implementation.
• Key Elements:
  • Uniform Pension System: Equal pension benefits for personnel of the same rank and service length.
  • Re-fixation and Periodic Revision: Pension re-fixed every five years, initially based on the 2013 pension rates.
  • Arrears Payments: Provided in half-yearly installments, with a one-time payment for gallantry awardees and family pensioners.
  • Inclusive Coverage: Encompasses all personnel retired by June 30, 2014.