Why Is The Indian Army Planning To Cut Pension And Increase Retirement Age For Officers

by | Mar 20, 2023 | Retirement Pension | 26 comments




The Indian Army could be planning to reduce the pension for officers seeking premature retirement from service. A recent letter from the Department of Military Affairs has created a flutter on social media platforms….(read more)


LEARN MORE ABOUT: Retirement Pension Plans

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing


The Indian Army has recently announced its plan to cut the pensions of retired officers and increase the retirement age of those currently serving, in a move to reduce costs and improve operational efficiency. This decision has been taken as a part of the government’s ongoing efforts to streamline and optimize the defense budget.

The move to reduce pensions of retired officers has been prompted by the steep increase in the number of personnel drawing pension following the implementation of the One Rank One Pension (OROP) scheme. The OROP scheme was introduced in 2015 to ensure that retired personnel of the armed forces receive uniform pension irrespective of their date of retirement. However, the implementation of the OROP has resulted in a significant increase in Indian Army’s pension bill.

The Indian Army, which is currently the second-largest standing army in the world, has around 44,000 officers who serve as the backbone of the organization. These officers, who are trained and equipped to lead troops in times of war, are highly skilled and experienced, and therefore, attract a higher pension than the other ranks. The decision to reduce their pension has drawn criticism from veterans’ groups who have argued that this would be an injustice to those who have sacrificed their lives in the line of duty.

See also  Future Army Pension Benefits for 2023-24: A Comprehensive Guide to Retirement Benefits for Military Personnel

On the other hand, the proposal to increase the retirement age of serving officers has been taken to improve the operational efficiency of the Indian Army. The current retirement age for officers is 54-57 years, depending on their rank and length of service. The proposal suggests that officers who are fit and capable could serve up to the age of 58 or 59 years. This will help the army retain experienced personnel and enable them to impart their knowledge and skills to the younger generation.

While there are arguments for and against both the proposals, the fact remains that the Indian Army, like any other organization, needs to manage costs and optimize its resources. As India’s economic growth slows and the government looks to cut spending, the military, which is one of the largest spending departments, is expected to contribute to the cost-cutting measures. As a result, personnel costs, which make up a significant portion of the defense budget, are likely to be scrutinized, and measures like reducing pensions and increasing the retirement age may be implemented to save costs.

In conclusion, the Indian Army’s decision to reduce pensions and increase retirement age for officers is a contentious issue that needs to be viewed in the context of the broader economic and strategic challenges facing the country. While a reduction in pensions may be unpopular, it is necessary to rationalize the pension bill and allocate resources to other critical areas. Similarly, an increase in the retirement age may help retain experienced personnel and improve the operational efficiency of the Army. However, the government needs to tread carefully and take the concerns of the stakeholders, including veterans’ groups, into account while implementing any changes.

See also  Variety of retirement benefits
Gold IRA Advantages for Baby Boomers Nearing Retirement
You May Also Like

For anyone with a pension, understanding your plan's various facets is imperative to successfully...

26 Comments

  1. crazy old man crazy

    It's a good move where crores of nationalist minded people out there to serve the forces not expecting any returns.
    Our forces still recruit at least few people who considers uniform forces as just another job. Actually it's painfull for those aspirants who never made into forces.

  2. Vivek Shah

    Our gen are screwing our organisation. Does it happen with IAS also . We are being used as bounded labours . Pak army is better than Indian army

  3. R S

    Budha logoka sena banayega kya….

  4. R S

    Vipin rawat ji ka chamchagiri for further extension

  5. Ajay Sheoran

    Then politicians should fight against china , i will give them my salary if they do that

  6. Shriya Thakur

    No vote to modi and bjp

  7. Hemanta Habbu

    Indian army now becomes the weakest army in the world.

  8. sudarshan

    Achhe din ane wala he

  9. Durga Prasad Dash

    Ek taraf bolte hai jai jawan jai kisan, phir aise policy late hai jo kisan birodhi hai aur ab ki bar jawan birodhi, is proposal ko radhh karna chahiye sarkar ko

  10. Anilkumar Yadav

    He got promoted just to curtail pensions of poor Japan's and Josh only against pbors and puppet and chamchaa of modi got.pl do dare to curtail pension of politicians. Worst coward and hizaara. Shame.

  11. Anilkumar Yadav

    Hijada and puppet of government

  12. PRIYA RATNA PANDEY

    जवान कहीं का नहीं रह जाएगा

  13. GARV GUPTA

    Great step as most of the army budget is used in paying salaries and pensions… No money left for modernisation of army… Increasing army budget is not a solution because govt needs for other work also

  14. Vikram

    This government is totally against defense personnel..

  15. George Kurien

    Somebody close to the Rulers may be in the Military expecting retirement soon. The idea of increasing retirement age comes from that requirement.

  16. Hyper Bol

    wait for expert people jinka na sar – pair lena dena but gyan zarur pelna on this topic.

  17. Smile plzzz

    No one know at what level corruption exists in army…!!
    If a independent case study will be taken by any one in this country , 97+% officers must be found guilty in corrupt cases …!!
    Insted of doing this , what they are doing , they hv to reduce corruption ..!
    In each and every deal of weapons , equipments , ammunition , machineries , clothing , ration , etc etc etc .!!
    And hrashment level …??
    Of no limit…!!!
    And this is the truth..!!

  18. adithya adi

    More than 50 percent of army budget goes for pensions and salaries

  19. ツ

    Instead if this they should increase the army budget bcs it is actually less.

  20. m0r 0nn

    Right Decision

  21. ak mam classic

    Modi govt wont leave army also

  22. Hari Krishna

    This is very wrong it should the choice of soldiers

U.S. National Debt

The current U.S. national debt:
$34,552,930,923,742

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size