New Delhi– The Centre on Friday told the Supreme Court that it will not revise the formula for One Rank-One Pension (OROP) for ex-servicemen.

A bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and Justice D.Y. Chandrachud was told by Additional Solicitor General Maninder Singh, appearing for the Centre, that the government has taken a policy decision having financial implications.

Seeking dismissal of the plea filed by ex-servicemen’s body seeking implementation of OROP, the Centre said: “We will not revise the OROP formula. The government has already gone out of its way. More than Rs 10,000 crore has been sanctioned after much deliberation.

The court now posted the matter after four weeks for hearing the plea filed by Indian Ex-servicemen Movement (IESM) seeking automatic annual revision of pension, instead of current policy of periodic review once in five years.

The IESM plea says the five-yearly periodic review did not meet the demand of the ex-servicemen seeking OROP for the service personnel who had retired with same length of service in the same rank. (IANS)