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Detailed explanation-1: -What is One Rank One Pension? Under the One Rank One Pension scheme or OROP scheme, uniform pension is to be paid to armed forces personnel retiring at the same rank with the same length of service, regardless of when they completed their service or retired.
Detailed explanation-2: -Lt. Gen. The Government took a historic decision to implement OROP for the Defence Forces Personnel/family pensioners and issued policy letter on November 07, 2015 for revision of pension w.e.f. July 01, 2014. In the said policy letter, it was mentioned that in future, the pension would be re-fixed every 5 years.
Detailed explanation-3: -One Rank One Pension (OROP), or “same pension, for same rank, for same length of service, irrespective of the date of retirement", is a longstanding demand of the Indian armed forces and veterans.
Detailed explanation-4: -Budget 2023: Rs 28, 138 crore allocated to meet requirements for One Rank One Pension. Budget 2023: The Union Budget 2023-24 on Wednesday allocated Rs 28, 138 crore to meet the requirements on account of revision of armed forces pensioners/ family pensioners under the One Rank One Pension (OROP) scheme.