Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
P. Sujatha Varma

Andhra Pradesh: Government rules out restoration of Old Pension Scheme

The Group of Ministers, comprising Buggana Rajendranath Reddy, Botcha Satyanarayana and A. Suresh, made another vain attempt on Wednesday to break the deadlock over the contentious issue of the Contributory Pension Scheme (CPS) by holding talks with the representatives of a few employees’ associations.

Most of the leaders owing their allegiance to the AP JAC Amaravati member- associations boycotted the talks saying that they were not ready to discuss anything other than restoration of the Old Pension Scheme (OPS) as was promised to them by Chief Minister Y.S. Jagan Mohan Reddy at the time of the elections.

There was no breakthrough as the Ministers’ attempt to convince the employees’ representatives to accept the Guaranteed Pension Scheme (GPS) designed by the government as a middle ground did not cut any ice with them.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.