One Rank One Pension Scheme Marks Ten Years
The One Rank One Pension (OROP) scheme, marking its 10th year, ensures equitable pensions for over 25 lakh Armed Forces veterans and family pensioners. Introduced by the Government of India, OROP standardizes pensions based on rank and service length, regardless of retirement date. Regular five-year revisions maintain pension adequacy, with the latest update in July 2024. Despite substantial fiscal costs exceeding ₹4,468 crore annually, the scheme exemplifies the nation’s commitment to veterans’ welfare. Challenges like sustained funding and evolving pensioner needs persist, requiring ongoing evaluations and government support to strengthen the initiative further.
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