Saturday 15 August 2015

ONE RANK ONE PENSION FOR EX-SERVICE PENSIONERS          
Till the year 1973, the above OROP concept was practiced in India.
As per CPC-3 views the then Govt. of India under Smt. INDIRA GANDHI
Abolished this Practice   which was strongly protested by Defence  Personnel but  with NO RESULT.
Now that Govt. has in principle agreed to re-implement this Concept and the bottleneck seems to be huge financial burden (8000+ Crores per year) and also
genuine fear how this concept can NOT be limited to Defence Pensioners alone and If it is to be eventually implemented for all Central and State Governments Pensioners, what will be the financial impact on our country’s economy, since Pension Payments will be much more than Salary payments to serving Govt. employees.  The recent happening at Greece  is adding fuel to our genuine concern.
I, as not only as a Senior Citizen but also an Ex-service Pensioner since 1975 , thought over the matter and after considering all aspects  and also always reminding myself “I am Indian first” , has come out with a Proposal which should satisfy all  though not fully.
FOR THE PENSIONER WITH SAME RANK & SAME LENGTH OF SERVICE
PENSIONERS RETIRED                                          % OF CURRENT PENSION
     FROM - TO  
1)    2000  -  2010                                   -                   90%
2)    1990  -  2000                                   -                   85%
3)    1980  -  1990                                   -                   80%
4)    1970  -  1980                                  -                   75%
5)    1960  -  1970                                   -                   70%
6)    1950  -  1960                                   -                   65%
7)    1940  -  1950                                   -                   60%

Since the Pensioners of earlier period have already enjoyed Pension Benefits for such a long period (i.e. much more than active service), they should feel satisfied with this proposal.