Wednesday, March 31, 2010

Pension Enhancement Close to One Rank One Pension Demand, says Govt:

Pension Enhancement Close to One Rank One Pension Demand, says Govt:
In a move that will bring relief to over 12 lakh ex-servicemen, the Defence Ministry has issued orders to implement pending pensionary benefits to them involving an annual expenditure of about Rs 2,200 crore.

The decision followed recommendations by a high-level committee and recent assurance in this regard in the Lok Sabha by Prime Minister Mr. Manmohan Singh.

With these orders, the ministry has implemented all the seven recommendations of the committee headed by Cabinet Secretary Mr. K M Chandrasekhar on pensions, which would now be close to the ‘One Rank-One Pension’ demand of ex-servicemen, senior ministry officials said today.

“The Defence Ministry issued the orders on March 8 this year to implement the remaining two of the seven suggestions of the Cabinet Secretary K M Chandrasekhar-headed committee on ‘One Rank-One Pension’ demand,” they said.

The two recommendations for which the orders were issued were bringing parity between pension of pre- and post-October 10, 1997, personnel below officer rank, and further improving their pensions based on award of Group of Ministers in 2006.

To queries on the order, Defence Ministry spokesperson Sitanshu Kar said implementation of the orders would not only significantly reduce the gap between the past and current pensioners, but would also considerably improve the pension of ex-servicemen including disabled pensioners.
Improved Pension to Pre-2006 Pensioners

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