The One Rank One Pension (OROP) scheme, implemented in 2015, aimed to address the long-standing grievance of retired defense personnel regarding disparities in pension payments based on their retirement date. The government has recently announced the revision of the OROP scheme, effective July 1, 2022. This revision is intended to further streamline the pension system and ensure equity among veterans.
Key Highlights of OROP Revision Table 2022
Base Year: The base year for calculating pensions has been revised from 2013 to 2019. This adjustment aligns with the recommendations of the 7th Central Pay Commission (CPC).
Fitment Factor: The fitment factor, used to determine the pension amount, has been increased to 3.68%. This represents a 12.5% increase over the previous fitment factor of 3.26%.
Minimum Pension: The minimum pension has been increased to 15,500 rupees per month, up from 9,000 rupees previously. This ensures a substantial enhancement for low-ranking veterans.
Pension Revision Frequency: Pensions will now be revised every five years, instead of annually. This change is expected to reduce administrative burden and provide greater stability for pensioners.
OROP Revision Table 2022
The following table provides a detailed overview of the OROP revision for different ranks and pay levels:
Rank | Pay Level | Revised Pension (Rupees per month) |
---|---|---|
Sepoy | 0-10 years | 15,500 |
Sepoy | 11-20 years | 17,000 |
Havildar | 0-10 years | 18,500 |
Havildar | 11-20 years | 20,000 |
Subedar | 0-10 years | 21,000 |
Subedar | 11-20 years | 22,500 |
Subedar Major | 0-10 years | 23,500 |
Subedar Major | 11-20 years | 25,000 |
Lieutenant | 0-10 years | 26,500 |
Lieutenant | 11-20 years | 28,000 |
Captain | 0-10 years | 29,000 |
Captain | 11-20 years | 30,500 |
Impact of OROP Revision 2022
The revised OROP scheme is expected to benefit over 2.5 million veterans and their families. The increased pension amounts will provide them with much-needed financial security and improve their quality of life. The five-year revision frequency will also ensure that pensions keep pace with inflation and cost of living adjustments.
Effective Strategies for Veterans and Beneficiaries
Common Mistakes to Avoid
Conclusion
The OROP revision table 2022 represents a significant step towards addressing the concerns of retired defense personnel. By increasing pension amounts, streamlining the revision process, and ensuring equity among veterans, the government aims to provide a well-deserved financial cushion to those who have served the nation. Veterans and their beneficiaries should familiarize themselves with the revised scheme and take appropriate steps to secure their financial well-being.
2024-08-01 02:38:21 UTC
2024-08-08 02:55:35 UTC
2024-08-07 02:55:36 UTC
2024-08-25 14:01:07 UTC
2024-08-25 14:01:51 UTC
2024-08-15 08:10:25 UTC
2024-08-12 08:10:05 UTC
2024-08-13 08:10:18 UTC
2024-08-01 02:37:48 UTC
2024-08-05 03:39:51 UTC
2024-09-03 11:14:19 UTC
2024-09-03 11:14:34 UTC
2024-10-17 08:11:59 UTC
2024-09-08 02:47:40 UTC
2024-09-08 02:47:56 UTC
2024-08-13 17:23:21 UTC
2024-08-13 17:23:43 UTC
2024-08-13 17:23:59 UTC
2024-10-19 01:33:05 UTC
2024-10-19 01:33:04 UTC
2024-10-19 01:33:04 UTC
2024-10-19 01:33:01 UTC
2024-10-19 01:33:00 UTC
2024-10-19 01:32:58 UTC
2024-10-19 01:32:58 UTC