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Impact Of Inflation On Economy
Sir, the 7th pay Commission recommends a revised pension formulation for civil employees including CAPF personnel as well as for Defence personnel, who have retired before 01.01.2016. This formulation will bring about parity between past pensioners and current retirees for the same length of service in the pay scale at the time of retirement. Can you please explain wrt to OROP example which you have given in Inflation affecting Distribution of income ??