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‘One Rank One Pension’ for Ex-Servicemen is unlikely to recommend

An article published by CNN-IBN, to be a big disappointment for the ex-servicemen community, stated that the PM-appointed pay panel is unlikely to recommend One Rank One Pension.   One rank one pension implies uniform pension for army personnel retiring in the same rank with the same length of service irrespective of their date of retirement, and mandates that any future enhancement in the rates of pension be automatically passed on to past pensioners.  The demand was raised way back in 1981 and still remains unresolved.  

The panel led by the Cabinet Secretary is keen to push for the concept of modified parity, which means new pay grades will be fixed specifically for pension purposes.  It is likely to agree on common pay scales for Junior Commissioned Officers and ORs, enhancement of widow pension, and a green signal for Non-Functional upgradation to commissioned officers.
The six-member committee under Cabinet Secretary Ajit Seth that has been looking into it, has been asked by the government to finalise its recommendations and submit a report to Prime Minister Manmohan Singh by 8 August. 
The PM is likely to announce some welfare measures for defence veterans including ‘one-rank-one-pension’ on 15 August. 

Must read more related article: 

http://ibnlive.in.com [click here]

http://www.tehelka.com [click here]

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