• Dearness Allowance (DA): It’s given by an employer to protect the employees against rise in inflation. In government services, both working employees and retired pensioners are given dearness allowance.
• House Rent Allowance (HRA:): rent allotted by the employer for employee's accommodation (house).
• Gratuity : It’s a lump sum amount “x” given by an employer to the employee for rendering services continuously for “y” number of years. Usually given at retirement. Norms governed under Payment of Gratuity Act, 1972
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One Rank One Pension (OROP): 2015 govt. promised equal pension to military personnel retiring in the same rank with the same length of service, regardless of the date of retirement. Although, Ex-servicemen unhappy about the base year & calculation formula.
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