Employees Thank Government for Restoring Old Pension Scheme
Government employees and teachers who shifted from the Contributory Pension Scheme to the Old Pension Scheme thanked the Andhra Pradesh government for restoring retirement benefits.
Employees and teachers from North Andhra who have been shifted from the Contributory Pension Scheme (CPS) to the Old Pension Scheme (OPS) held a thanksgiving meeting in Visakhapatnam on Sunday, expressing gratitude to the Andhra Pradesh government for implementing the pension reform.
Addressing the gathering, MLC and Government Whip Vepada Chiranjeevi Rao said Chief Minister N. Chandrababu Naidu had provided long-term financial security to thousands of government employees by restoring the OPS. He said the scheme would benefit around 11,000 families by ensuring financial security even after employees retired.
Chiranjeevi Rao said the government had also extended OPS benefits to employees and teachers recruited under the 2004 notification but who joined service after 2004 due to technical reasons, making them eligible for pension and gratuity.
Telugu Desam state president and Gajuwaka MLA Palla Srinivasa Rao thanked the Chief Minister for issuing Government Order (GO) No. 53, which facilitated the transition from CPS to OPS. He said the government remained committed to the welfare of employees and teachers.
Visakhapatnam North MLA Vishnu Kumar Raju criticised the previous YSRC government, alleging that it had undermined the dignity of teachers by assigning them duties related to managing queues at liquor shops.
