OROP · pension

Some Observations On OROP

Recently, an affidavit was posted on the Aerial View blog. My comment on that blog-post is reproduced, with a bit of reformatting such as insertion of paragraph space, as follows on this blog due to its relevance to previous posts. Link is at the end of this blog post. Text of Comment: “Sir, this truly… Continue reading Some Observations On OROP

pension

Principled And Notional Aspects Of 7 CPC Pension Refixation

The recommendations of 7 CPC define broad principles as well as detailed methodologies for implementing the principles as related to fixation of pay of serving armed forces personnel and pensions of current (post 01 Jan 2016) and older (pre 01 Jan 2016) pensioners. The 7 CPC pay matrix is the foundation, the corner stone of… Continue reading Principled And Notional Aspects Of 7 CPC Pension Refixation

pension

A Graphical Representation On VII CPC Pensions Fixed With The 2.57 X OROP Formula vs Index Based Pensions : Pre Jan 2016 Col(TS) / Lt Col/ Maj Pensioners

This matter has been touched on in various other forums as well as on this blog. Now that the Govt. letter and PCDA Circular 570 have been finally issued for payment of VII CPC pensions to pre 01 Jan 2016 armed forces pensioners with the formula 2.57 X OROP {Option 1 i.e. 2nd method of calculation listed… Continue reading A Graphical Representation On VII CPC Pensions Fixed With The 2.57 X OROP Formula vs Index Based Pensions : Pre Jan 2016 Col(TS) / Lt Col/ Maj Pensioners

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