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Showing posts with label Military Pension. Show all posts
Showing posts with label Military Pension. Show all posts

Monday, 30 January 2017

06:33

PENSION ADALAT FOR ARMED FORCES PENSIONERS(SBH A/C) : 30.1.2017 AT DTE OF SAINIK WELFARE, HYDERABD

PENSION ADALAT FOR ARMED FORCES PENSIONERS(SBH A/C) : 30.1.2017 AT DTE OF SAINIK WELFARE, HYDERABD

Dear All

We are now conducting a Pension Adalat for Army/Navy/AF pensioners drawing pension from SBH (State Bank of Hyderabad) only

All Army/Navy/Air Force Pensioners may resolve their pending grievances regarding pension with SBH on that day

We are also inviting officers of EME and AOC Records for the Adalat.  Grievances related to those records offices may also be resolved simultaneously on that day.

Date:  30.01.2017

Time: 10.30 to 1600 hrs

Venue: Sainik Aramghar Complex, Lane Next to Ratnadeep Super Market, Near Yashoda Hospital, Somajiguda, Raj Bhavan Road, Hyderabad

Contact: Nb Sub Ramanujaiah:  7032111498

               Nb Sub Ranga Swamy: 9866730470

All those interested may ring up on the above numbers and register

Thanks and Regards,

Col.P.Ramesh Kumar (Retd)
Director, Sainik Welfare
Telangana

(Source- Via Gp e-mail)

Tuesday, 19 May 2015

07:18

PM Narendra Modi to announce one rank, one pension for ex-servicemen this month

Govt to announce one rank, one pension for ex-servicemen this month

NEW DELHI: The long-awaited one rank, one pension (OROP) for over 25 lakh ex-servicemen is set to be announced this month, with a corpus of about Rs 8,300 crore, after several false starts since the NDA government assumed office one year ago. 

As earlier reported by TOI, the defence ministry had earlier cleared the implementation of the OROP mechanism but it was being vetted by the finance ministry. Defence minister Manohar Parrikar told journalists in Goa over the weekend that the finance ministry would clear OROP "in a few days".

READ ALSO: 'One rank, one pension' cleared, Parrikar says

It will then be announced once PM Narendra Modi returns from his three-nation visit to coincide with the first anniversary celebrations of the NDA government on May 26. It will come as a big relief to ex-servicemen, who have been agitating for the OROP mechanism for several years now, with many of them even returning their medals to register their protest against what all political parties have promised but never actually delivered. 

OROP basically implies payment of a uniform pension to personnel retiring in the same rank with the same length of service, irrespective of their date of retirement. For instance, two officers who served as colonels for seven years will get the same pension even if they retired a decade apart. A colonel with five years in that rank will obviously get lesser pension based on a graded scale. 

The Modi government has defined "military pension" as a category separate from other kinds of pension since soldiers, sailors and airmen as well as their officers, who retire at a much younger age and serve hardship postings, cannot be equated with other government employees. 

Successive governments in the past had contended that granting full OROP was neither financially nor administratively possible since it could lead to a cascading effect with similar demands being made by others like paramilitary personnel. But this time, the government says military pension has been classified as different from other pensions. The majority of soldiers, for instance, retire when they are just 34-35 years old.

Spource: TOI.