New Delhi, Nov 4 (UNI) In a significant move, the Department of Military Affairs (DMA) has initiated proposals to increase the retirement age of officers and also cut down the pension of officers opting for Premature Retirement (PMR).
The issue has evoked severe criticism as the pension formula will change in a manner which could impact the financial position of those retiring now.
The DMA, headed by General Bipin Rawat, is the newly created entity under the Ministry of Defence (MoD) and is tasked for HR and coordination issues between the Army, Navy and the Indian Air Force (IAF).