Rank pay Case decided by Supreme Court. All offrs in service on 1 Jan 1986 to get arrears

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Sep 4, 2012, 10:33:58 AM9/4/12
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---------- Forwarded message ----------
From: TB RA <secy...@gmail.com>
Date: Tue, Sep 4, 2012 at 5:48 PM
Subject: Rank pay Case decided by Supreme Court. All offrs in service on 1 Jan 1986 to get arrears
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Rank Pay forms part of basic pay, release arrears to affected offrs with 6 % interest rules Supreme Court

Perhaps historically the most important litigation involving the military has culminated today.
The Hon’ble Supreme Court has decided not to interfere in its earlier decision granting the cumulative benefits and arrears of Rank Pay with effect from 01-01-1986 to all affected officers. However, the interest component has been modified and interest @ 6% per annum would now be admissible on the arrears from 01-01-2006 rather than 01-01-1986. 
All payments have been directed to be made within a period of 12 weeks from today and the benefits shall be released to all officers irrespective of whether they had approached a judicial forum or not.

Read complete details at http://www.indianmilitary.info/

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