Leaders of the Andhra Pradesh Teachers’ Federation (APTF) and the A.P. United Teachers’ Federation (UTF) on June 7 (Wednesday) expressed strong reservations against the State Cabinet decision to implement the Guaranteed Pension Scheme (GPS), proposed as an alternative to the Contributory Pension Scheme (CPS) and the now scrapped Old Pension Scheme (OPS) by the State Government for its employees.
Reacting sharply to the approval of GPS by the State Cabinet, APTF State president Chennupati Manjula and general secretary K. Bhanu Murthy said Chief Minister Y.S. Jagan Mohan Reddy, who had promised to restore the OPS within a week of coming to power in the State, had gone back on his word.
They said, after holding several rounds of talks with the representatives of government employees and teachers, now the government decided to go ahead with the GPS unilaterally, and called the whole exercise “undemocratic.”