29 Jun, 2016 7:39p.m.

A point to cheer - One Rank, One Pension (OROP) for all civilian employees

Despite a lot of complaints, there is one thing that the employees can cheer about. It is the fact that the Seventh Pay Commission has recommended One Rank, One Pension (OROP) for all civilian employees, which the government should have accepted.  This means that employees retiring after putting eligible service from the same cadre get same pension irrespective of when he has retired. 

Currently an employee receives 50% of his last drawn salary as the pension. This pension is then increased every year to account for inflation.  However an employee retiring from the same post after a few years would likely draw a far higher pension than the first person as his salary must have increased i.e. due to the next pay commission. OROP will eliminate this difference. 

This move can ensure that the pensioners can lead a descent post-retirement life.

Briefing ANI about the recommendations, Seventh Pay Commission chairman Justice (Retd.) A.K. Mathur on Wednesday said it appears that the report has been accepted in toto.

He said the One Rank, One Pension is one of the peculiar recommendations made to the government which has not been given so far.

"Though the army employees used to get the One Rank, One Pension, but the civilians will also get the same One Rank, One Pension. This is a very peculiar feature. No pay commission gave that," he added.

Justice (Retd.) Mathur said the recommendations of the Seventh Pay Commission will involve an additional expenditure for the government in terms of 1, 02,100 crores.

"That will include the increase in the pay structure, allowances as well as the pension for the retired employees.

Source : http://www.aninews.in//newsdetail3/story270060/civilian-employees-to-avail-orop-benefits-seventh-pay-commission-chief.html



Latest in Important News
Latest in Other News Sections
RBI cuts repo rate by 25bps. EMIs likely to get cheaper 🕑 07 Feb,19 1:02p.m.
Budget 2019 expectations : IT exemption limit likely to be hiked to Rs 5 lakh 🕑 17 Jan,19 9:29p.m.
Researchers develop plants that can remove cancer-causing pollutants 🕑 27 Dec,18 12:59p.m.
6 months of aerobic exercise reverses brain ageing by 9 years 🕑 24 Dec,18 2:31p.m.
All you need to know about NPS changed withdrawal norms 🕑 24 Dec,18 11:47a.m.
Scientists succeed in destroying HIV-infected cells 🕑 22 Dec,18 10:22p.m.
Johnson and Johnson talcum powder samples seized across country for testing 🕑 19 Dec,18 1:26p.m.
Govt. for levy on petrol and diesel cars to push to push e-vehicles 🕑 19 Dec,18 1:20p.m.
Tax changes in 2018 that will affect you 🕑 19 Dec,18 1:09p.m.
Google maps now shows auto-rickshaw┬ároutes with estimated fares 🕑 19 Dec,18 11:53a.m.