Even as the Government of Andhra Pradesh has announced its decision to go ahead and implement through an Ordinance the Guaranteed Pension Scheme (GPS), calling it a viable middle path between the Contributory Pension Scheme (CPS) and the Old Pension Scheme (OPS), the representatives of the government employees’ unions are gearing up for a ‘chalo Vijayawada’ protest on September 1 with the slogan, ‘Why not OPS’.
The meeting of the Group of Ministers (GoM) with the representatives of various employee unions on August 29 remained inconclusive with the Ministers insisting on implementation of the GPS, which they argued was a better option than the market-linked CPS and that it would ensure 50% of the last drawn pay as pension to the employees.
