OROP - History & budget allocation
Q. Which of the following statements is/are correct about OROP?
1. OROP for the armed forces personnel was in existence till 1973.
2. In the July 2014 Budget, Finance Minister Arun Jaitley had also announced an allocation of Rs 1000 crore for this scheme.- Published on 08 Sep 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: Both
OROP “implies that uniform pension be paid to the Armed Forces Personnel retiring in the same rank with the same length of service irrespective of their date of retirement and any future enhancement in the rates of pension to be automatically passed on to the past pensioners. The concept includes “bridging the gap between the rate of pension of the current pensioners and the past pensioners, and also future enhancements in the rate of pension to be automatically passed on to the past pensioners.
