NEW DELHI: The Union Cabinet has given permission to reform the armed forces pension and family pension under the one rank one pension scheme. The benefit will be received by 25.13 lakh persons including those who retired till June 30, 2019. The dues from July 2019 to June 2022 of Rs.23,638 crores will be given by the central government.
If the DA is calculated at 31%, the central government will incur an extra expense of Rs.8,450 crores. The average of the pension of all those who retired in one rank till 2018 will be taken to reassess the pension.
Those who benefit from this are:
Those who retired till 30 June, 2019.
More than 25.13 lakhs pensioners and family pensioners.
Protection for those who are getting more than the average pension.
War widows and disabled pensioners.
Dues will be received in four phases.
Family pensioners and special liberalized family pensioners, those who got bravery awards will be given their dues in one phase.