India announces major pensions overhaul for army veterans


Indian Army veterans celebrate following the government's announcement that it will accept One Rank One Pension (OROP) reforms in New Delhi on September 5, 2015. -AFP

NEW DELHI: Three million Indian army veterans won a decades-long battle Saturday to change the way their pensions are calculated, as the government bent to protesters’ demands and announced it would overhaul the controversial scheme.

India’s armed forces personnel, who typically retire earlier than other public sector workers, have mounted fierce opposition in recent months to the current pension scheme, which is based on their salary when they retire.

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