Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » India
1-min read

99% Pensioners Will Get OROP Benefits by January-end: Parrikar

Defence Minster Manohar Parrikar on Tuesday said that around 20 lakh pensioners have been paid the benefits of One Rank One Pension so far, and more than 99 per cent of cases will be settled by January-end.

IANS

Updated:January 3, 2017, 9:27 PM IST
facebookTwitterskypewhatsapp
99% Pensioners Will Get OROP Benefits by January-end: Parrikar
Defence Minister Manohar Parrikar. (FILE PHOTO)
Loading...

New Delhi: Defence Minster Manohar Parrikar on Tuesday said that around 20 lakh pensioners have been paid the benefits of One Rank One Pension so far, and more than 99 percent of cases will be settled by January-end.

"So far, we have already paid the benefits to more than 19,70,000 pensioners. Around 68,000 pension cases were in scrutiny in the month of December. The targeted time schedule was end of December and 13,000 cases are sent to pension dispersing authority," Parrikar said at a press conference.

"With that I think almost 99 per cent of the eligible cases will be settled probably by January. One per cent is not being able to trace them, probably dead," the minister said.

Parrikar said he has "instructed all the agencies to go and find out such cases".

"Rs 6,300 crore has already been dispersed as arrears and the current payments are ongoing for the current period. Total back arrears will be around 10,800 crore of which 6,300 crore has been disbursed," he said.

OROP for retired armed forces personnel was announced on September 5, 2015.

The scheme took 2013 as the base year to calculate pensions and date of implementation was July 1, 2014. The period for review was kept at five years.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

| Edited by: Bijaya Das
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results