OROP Pension Table 2024: OROP 3 Revised Pension Table, Latest News, Arrears
OROP Pension Table 2024: The comprehensive overhaul of pension schemes designed specifically for Armed Forces Personnel is set to take effect on July 1, 2024, as part of the eagerly awaited OROP Pension initiative. In line with this recent development, all arrears tied to these changes will be paid out within a single financial year, ensuring that our veterans receive the financial assistance they need in a timely manner. This crucial announcement, which has been highly anticipated, was delivered by Minister of State for Defence, Shri Sanjay Seth, during a parliamentary session on July 26, 2024, underscoring the government’s dedication to the well-being of those who have courageously served the country.
Revamped OROP Pension Scheme: Enhanced Benefits for Retired Forces
The Ministry of Defence (MoD) has put forth a groundbreaking overhaul of the OROP Pension initiative, set to greatly benefit around 30 lakh retired military personnel and their families, enhancing their financial stability and overall quality of life. This updated approach to pension calculations will incorporate the most recent pay scales and allowances, ensuring that the pensions accurately reflect both the current economic landscape and the sacrifices these devoted individuals have made.
This revision represents the second substantial update to the OROP scheme, following the first in 2019, which underscores the government’s ongoing dedication to meeting the needs of veterans. According to the new proposal, pensions will be carefully determined based on the average of the lowest and highest pensions for those who retired in 2023, taking into account their rank and years of service, thus fostering fairness and equality among all former service members.
OROP 3 Revised Pension Table 2024 Notification
As per the Defence Ministry’s correspondence, referenced as Letter No.12(1)/2014/D(Pen/Pol)-Part-II and dated November 7, 2015, there will be a reevaluation of pensions for Defence Forces members every five years henceforth. The first update under the One Rank One Pension (OROP) Scheme was executed on July 1, 2019, with the subsequent revision slated to kick off on July 1, 2024. For eligible pensioners of the Defence Forces and their families, the pension amounts will be recalibrated according to the average of the lowest and highest pensions awarded to individuals who retired in 2023, provided they share the same rank and length of service. Furthermore, any pensions that surpass this average will be protected from reduction.
OROP 2 Revised Pension Table 2019 PDF Download
The updated pension framework under the OROP Pension initiative, referred to as OROP 2, introduces notable revisions designed to ensure fair financial assistance for Armed Forces retirees and their families. This extensive overhaul of the pension system is set to commence on July 1, 2019, representing a significant step forward in providing just compensation for those who have devoted their lives to the nation’s service.
The revamped structure will entail a reassessment of pensions for all former personnel, based on a meticulously calculated average that considers both the lowest and highest pensions received by Defence Forces retirees in 2018. This adjustment will be tailored to reflect each pensioner’s rank and duration of service, thereby fostering equity and acknowledging the diverse contributions made by these committed individuals throughout their distinguished military careers.
Rank | Pension as on 2016 | Revised pension 1.7.2019 | Revised pension 1.7.2021 | Arrears from 1.7.2019 To 30.6.2022 |
Sepoy | 17,699 | 19,726 | 20,394 | 87,000 |
Naik | 18,427 | 21,101 | 21,930 | 1,14,000 |
Havildar | 20,066 | 21,782 | 22,294 | 70,000 |
Nb Subedar | 24,232 | 26,800 | 27,597 | 1,08,000 |
Sub Major | 33,526 | 37,600 | 38,863 | 1,75,000 |
Major | 61,205 | 68,550 | 70,827 | 3,05,000 |
Lt. Colonel | 84,330 | 95,400 | 98,832 | 4,55,000 |
Colonel | 92,855 | 1,03,700 | 1,07,062 | 4,42,000 |
Brigadier | 96,555 | 1,08,800 | 1,12,596 | 5,05,000 |
Maj. Gen. | 99,621 | 1,09,100 | 1,12,039 | 3,90,000 |
Lt. Gen. | 1,01,515 | 1,12,050 | 1,15,316 | 4,32,000 |
Significance of OROP Scheme: Key Points Explained
The OROP Pension system serves as a thorough and organized approach to determining the pension of military personnel. It focuses on a soldier’s rank and total years of service, rather than the specific year they retired. This forward-thinking strategy ensures that all veterans, no matter when they left active duty, can take advantage of future pension rate increases, fostering fairness and equality among those who have served.
The OROP initiative seeks to deliver stable and dependable pension benefits that span various ranks and lengths of service. This addresses long-standing concerns and guarantees that all retired military individuals receive the respect and financial backing they deserve. The essence of the OROP program highlights its importance as a pivotal and beneficial step toward enhancing the welfare of retired armed forces members, reflecting a dedication to recognizing their service and sacrifices over the years.
Download OROP Implementation MoD Order – Get Yours Now!
A significant development for the support of Defence Forces personnel has been the launch of the OROP Pension initiative. This program is designed to ensure that both pensioners and family pensioners, whose current pension amounts exceed the newly established rates in the provided tables, will continue to receive their existing pension levels.
This announcement, identified as 12(1)/2014/D (Pen/Policy)-Part-H, was issued by the Ministry of Defence, Government of India, through the Department of Ex-Servicemen Welfare in New Delhi on February 3, 2016. It specifically addresses the Chiefs of the Army, Navy, and Air Force, highlighting the government’s commitment to justly implement the OROP Pension scheme for the benefit of our brave servicemen and their families.