OROP · pension

Co-Relating OROP With VII CPC Notional Pay

After issue of the recent press-note on the subject, total uncertainty prevails over whether VII CPC pensions will be meaningfully re-fixed for armed forces veterans. There are some issues that need to be considered before proceeding with even guess-work on the matter: Would the VII CPC Pension re-fixation take place by multiplying the Circular 555… Continue reading Co-Relating OROP With VII CPC Notional Pay

OROP · pension

Speculating About NFU

A few days back, while reading a blog-post centered around Non Functional Financial Up-gradation, or NFU as it is being referred to, it appeared that some form of collation of information on the subject, especially as it would/could apply to Officers of Indian Armed Forces, would not exactly be out of place. Reference to NFU… Continue reading Speculating About NFU

OROP · pension

Actual Qualifying Service Of Pre OROP Lt Col / Cdr / Wg Cdr Pensioners Compared to QS Of Pensioners Retiring After 01 Jan 2016 Of Same Rank Drawing Equivalent Of 2.57xOROP Pensions

The title of this blog post and the following table are self-explanatory. Retirees in above-mentioned ranks need to compare their own QS in the table in col. I with QS, in the same row, of a post 01 Jan 2016 pensioner in col VII who will draw the same pension as the pensioner who had retired… Continue reading Actual Qualifying Service Of Pre OROP Lt Col / Cdr / Wg Cdr Pensioners Compared to QS Of Pensioners Retiring After 01 Jan 2016 Of Same Rank Drawing Equivalent Of 2.57xOROP Pensions

OROP · pension

Comparison Of Qualifying Service : 7 CPC Pension With 2.57X Formula : Pensioners In Major / Lt Cdr / Sqn Ldr Rank

With the formal issue of the “Resolution” on payment of VII CPC pensions, here is a comparison of the estimated corresponding QS of a VII CPC retiree in Major rank, even though no officer would actually be retiring nowadays as Major and equivalent with 20 years of qualifying service. It has been repeatedly stressed online, that… Continue reading Comparison Of Qualifying Service : 7 CPC Pension With 2.57X Formula : Pensioners In Major / Lt Cdr / Sqn Ldr Rank

OROP · pension

Gaps In Pensions Of Pre 16 Dec 2004 Lt Col(Select and TS) Pensioners And Pensions Of Post 16 Dec 2004 Col(TS) Pensioners With Equal Service

This is in continuation of previous blog posts on the subject. To concisely illustrate the gap existing between pensions of pre 16 Dec 2004 Lt Col pensioners (with permanent commission) and pensions of post 16 Dec 2004 Col(TS) of equal service and the need to close the gap, especially under OROP, the following graph and table could… Continue reading Gaps In Pensions Of Pre 16 Dec 2004 Lt Col(Select and TS) Pensioners And Pensions Of Post 16 Dec 2004 Col(TS) Pensioners With Equal Service