As against 14 lakh serving military personnel , there
are some 25 lakh retired military persons , in India , today
They are demanding , " One Rank , One Pension
"
In simple terms :
> Col Mhatre
retired in 1985 , with last drawn salary of Rs 10,000 pm
> Col Chari
retired in 2000 , with last drawn salary of Rs 50,000 pm , and
> Col Patel
retired in 2015 , with last drawn salary of Rs 100,000 pm
They all served for 30 years at the time of retirement
As per present Pension Rules, by way of pension :
> Col Mhatre
may be getting Rs 2000 pm
> Col Chari
may be getting Rs 10,000 pm
> Col Patel
may be getting Rs 20,000 pm
Under OROP , all of them would today , get Rs 20,000 pm !
And as salaries keep climbing , with each passing year
, they will all keep getting the same amount as pension, as the latest retiree
in the same rank , who has put in same length of service , at the time of
retirement
A kind of " Indexation " , aimed at
neutralizing the ever-rising " cost of living " which is same for all
three retirees !
And , the argument goes :
" Why not ?
Those who are
serving , get their " cost of living " neutralized thru DA ( Dearness
Allowance ) which automatically keeps rising every month , as CPI / WPI etc
rise !
Why should early-retirees be made to suffer , for
having been born earlier / served earlier ? "
One cannot find fault with such an argument !
But if OROP is implemented , the Governments ( Central
+ States ) must get ready with answers to the following :
> Will this
lead to similar demands from millions of retired para-military forces and Police
personnel , in all the States ?
> Could this
lead to similar demands from all retired Civil Servants , at the Centre as well
as , in the States ?
> Can this
demand find an " Echo " in all retired Municipal / Panchayat
employees , all over India ?
> Will
private sector retired employees make similar demands on Corporate Employers ?
After all , no retiree ( of any kind ) , can escape the
ravaging effects of ever - rising inflation ( cost of living ) ! Be rest assured , they will all be
justified in making similar demands !
This raises following further questions :
> Will this
set in motion , a Vicious Circle ?
> Will this
make India , a " High Cost Economy "
?
Only time will tell
But one thing is crystal clear
Each succeeding generation will be required to bear the
burden of ensuring that its preceding generation manages to live a life of
dignity , which could well run into Rs lakhs of Crores !
I cannot escape comparing this potential scenario with
the present Greek Tragedy , where almost all citizens ( whether serving in
Government or in private companies ) ,
> Retire at
the age of 50
> For the
rest of their lives , draw a pension equal to 90 % of their last drawn salary !
I am not against OROP
I am for creating awareness of the issues and for
starting a National Debate
---------------------------------------------------------------------------
hemen parekh
09 July, 2015
hcp@RecruitGuru.com
B2BmessageBlaster
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