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The Hindu
The Hindu
National
P. Sujatha Varma

Explained | Andhra Pradesh’s pension conundrum

OPS Andhra Pradesh CPS NPS GPS

 

The contentious issue of the pension scheme for government employees and teachers continues to hang fire with the unrelenting employees making it categorical that they would not settle for anything less than reinstatement of the Old Pension Scheme (OPS), promised by Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy in the past. 

The pension trouble started in December 2003 when the BJP-led government at the Centre scrapped the OPS and introduced the National Pension System (NPS), also known as New Pension Scheme or Contributory Pension Scheme (CPS), with effect from April 1, 2004. 

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