Forces seek new pension formula based on last pay – Ajay Banerjee, Service
New Delhi, January 12
The memorandum says that 75% of last pay drawn should be the benchmark for calculating pensions for jawans
In case of officers, 60%of last pay drawn be the benchmark
The memorandum also says the Military Service Pay be fixed at 30% of basic pay for jawans and 15% of the basic pay for officers
Even as the retired veterans from forces are asking for one-rank-one pension (OROP), the ‘joint services’ memorandum submitted to the 7th pay commission has recommend a pension formula that is based on the last pay drawn.
Sources told the Tribune that the memorandum submitted on behalf of the three services, the Army, the IAF and the Navy, to the commission has suggested that 75 per cent of the last pay drawn should be the benchmark for calculating pension for jawans. In case of officers, 60 per cent of last pay drawn be the benchmark for calculating pension.