One Rank One Pension Scheme – Defence Minister today replied in Parliament
One Rank One Pension Scheme
The principle of One Rank One Pension for the Armed Forces has been accepted by the Government. The modalities for implementation have been discussed with various stakeholders and are presently under consideration of the Government. Financial implication could be calculated, once the modalities are finalized and approved by the Government.
Possible amendments to the pension policies are being examined with a view to reduce litigation for removing disparities in pension of various ex-servicemen.
This information was given by Defence Minister Shri Manohar Parrikar in a written reply to Shri Mullappally Ramachandran and others in Lok Sabha today.