Education Minister Botcha Satyanarayana said the State government was exploring the feasibility of a ‘Guaranteed Pension Scheme’ (GPS) which would prevent a major financial burden from falling on the State exchequer and ensure that there is no reduction in pensions being drawn by the retired employees.
In this regard, talks were on with the employees, who were up in arms against the Contributory Pension Scheme (CPS). A decision would be taken at the earliest upon instructions by Chief Minister Y.S. Jagan Mohan Reddy, the Minister said.
