There is good news for millions of ex-servicemen of the country. The government has approved the third phase of One Rank One Pension (OROP) i.e. OROP-3. This decision will increase the pension of retired soldiers and provide them with financial relief.
OROP means that all soldiers with the same rank and equal service period will get the same pension. There were some shortcomings in the earlier OROP, but with OROP-3 the government has tried to remove these shortcomings.
What are the changes in OROP-3
In OROP-2, there was some reduction in the pension of Junior Commissioned Officers (JCO) and soldiers of other ranks. But in OROP-3 this mistake has been corrected and the pension of soldiers of all ranks has been increased.
In OROP-3, the basis for calculating pension is the year 2013. Under this, the pension of soldiers of all ranks will increase.
Whose pension will increase
Under OROP-3, there will be different increases in the pension of soldiers of different ranks. For example, a soldier will now get a much higher pension than what he was getting in OROP-2 after 17 years of service.
Similarly, Naik, Havildar, Naib Subedar, Subedar, Subedar Major, Honorary Lieutenant, and Honorary Captain will all get the benefit.
How much will the pension increase
Under OROP-3, the pension of the soldiers will increase significantly. For example, a soldier used to get a pension of Rs 18,807 in OROP-2 after 17 years of service, which will now increase to Rs 20,450 in OROP-3. In this way, the pension of soldiers of all ranks will increase.
The coyness of the soldiers knows no bounds
This decision has brought great relief to millions of ex-soldiers of the country. For a long time, they were agitating for their demands. This decision of the government has brought smiles to the faces of the soldiers.
Key features of OROP-3
Benefits to all ranks: In OROP-3, soldiers of all ranks, be it a soldier or an officer, will get their benefit.
Increase in pension: The pension of soldiers can increase by an average of 15-20%.
Change in base year: The base year for calculating pension has been updated.
Timely payment: Pension will be paid on time and regularly.
Transparency: Transparency will be maintained in the entire process.
OROP-3 is a historic decision that has increased the respect of the brave soldiers of the country. Now they will not have to face financial crisis.