President: P.Manohar Reddy 9246362989 Working President: M.Yadagiri Reddy 9490150023 General Secretary:P.Vigneshwar Raju 9849313988 Advisers: M.Nageswar Reddy G.Narsimha Reddy Vice Presidents: K.Raji Reddy K.Pradeep Reddy Org. Secretary: Banda srinivas Joint Secretaries: G.Nageshwar Rao B.Anjaneyulu Treasurer: S.Nageshwar Rao PROs: N.Jagadiswar SVN Reddy Cultural Secretaries: S.Nagarjuna Shafee Ahemed Executive Members: M.Narsimha Reddy Md.Abdul Bhari K.Mahender Reddy T.Mohan Rao A.Ramesh M.Hanmanth Reddy T.Laxman Gopal Das G.Vasudeva Rao E.Prabhakar Reddy M.Narsimhulu K.Malla Reddy Mrs.Udayasri ***

Friday, 5 June 2015

New OROP formula may be similar to MPs’ pension plan

NEW DELHI: The government is working on a fresh option to resolve the ongoing stand-off over 'one-rank-one-pension' demand of ex-servicemen, sources said on Thursday. 

According to a senior government official, they are working on a proposal that would be similar to the pension scheme for MPs. The scheme operates on a band concept, with additional money for each additional year of service. 

The proposal is to create pension bands for each rank, and then provide additional money for each extra year of service. So all officers who retire in a particular rank will be in the same band of pension, with the total pension payment going up according to the number of years he has spent in that rank. 

"We are working out the fine details," one source said. Senior government officials are thrashing out the finer details, and it would be presented to the representatives of ex-servicemen and the military brass. 

The latest move comes even as ex-servicemen are continuing with their protests against what they feel is a huge let down by the Narendra Modi government, which had come to power promising to implement the OROP scheme. 

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Salary hike to MPs, One Rank, One Pension