Showing posts with label OROP Scheme. Show all posts
Showing posts with label OROP Scheme. Show all posts

Tuesday, January 27, 2015

One Rank One Pension - Pension promise in peril?


One Rank One Pension - Pension promise in peril?

Pension promise in peril?

Military veterans claim babus are thwarting PM Modi’s poll pledge of one-rank-one-pension by inflating its cost estimates

Roman emperor Augustus started the tradition of military pensions in 13 BC, when every legionary who had fought 20 years for Rome was guaranteed a pension for-life. It set the bar for modern armies, and independent India continued the British tradition of financially privileging military service until the mid-1970s, when soldiers were paid more than civilian bureaucrats, in service and after retirement. 

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