Pension enhanced for over 12 lakh Jawans and JCOs

Based on the recommendation of the Committee headed by the Cabinet Secretary on One Rank One Pension (OROP), the Government has decided to substantially improve the pension of pre 01.01.2006 Defence pensioners below officer rank and bring pre 10.10.1997 pensioners on par with post 10.10.1997 pensioners. This was announced by the Finance Minister, Shri Pranab Mukherjee while presenting the Budget proposals for the year 2009-10 in Lok Sabha today.

The Finance Minister further informed that these decisions will be implemented from 1st July, 2009 and will cost the exchequer more than Rs. 2100 crore annually. These measures will benefit more than 12 lakh Jawans and JCOs. Certain pension benefits being extended to war wounded and other disabled pensioners are also being liberalized, he added.

Source : Equity Bulls

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