Friday, 18 March 2022

OROP valid : Consequences Unknown ?

Context :

OROP valid, suffers no arbitrariness: Supreme Court / msn.com / 17 March 2022

Extract :

Ø In a thumping validation of the one rank-one pension (OROP) policy, the Supreme Court said the Centre's 2014 policy decision for uniform pension to retiring armed forces personnel of identical rank suffered no arbitrariness and hence, not a fit case to be interfered with.

MY APPREHENSION :

One Rank , One Pension ( OROP ) ………………………………..[ 08 July 2015 ]

Extract :

Ø As against 14 lakh serving military personnel , there are some 25 lakh retired military persons , in India , today ( This was in 2015 / Readers may search the Net for latest figure in 2022 )

Ø But if OROP is implemented , the Governments ( Central + States ) must get ready with answers to the following :

Ø Will this lead to similar demands from millions of retired para-military forces and Police personnel , in all the States ?

Ø Could this lead to similar demands from all retired Civil Servants , at the Centre as well as , in the States ?

Ø Can this demand find an " Echo " in all retired Municipal / Panchayat employees , all over India ?

Ø Will private sector retired employees make similar demands on Corporate Employers ?

Ø 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 :

Ø Will this set in motion , a Vicious Circle ?

Ø Will this make India , a " High Cost Economy " ?

Only time will tell

But one thing is crystal clear

Ø 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 !

Ø I cannot escape comparing this potential scenario with the present Greek Tragedy , where almost all citizens ( whether serving in Government or in private companies ) ,

Ø Retire at the age of 50

Ø 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

With regards,

Hemen Parekh / hcp@RecruitGuru.com / 19 March 2022

Ex-Army personnel aggrieved as pension for January credited without DA component

https://indianarmy.nic.in/Site/FormTemplete/frmTempSimple.aspx?MnId=p+EZ3dHlpBV5RqTVTwjrsg==&ParentID=wWqdn/vElPRYtCPGH3EinA==&flag=vLcd6+POoXF+jkFVybsYxw==

One Rank One Pension (OROP) eBook