Proposed GPS to govt staff after assessing state’s financial position: Sajjala

24-05-2022 Tue 17:32
Proposed GPS to govt staff after assessing state’s financial position: Sajjala

Amaravati, May 24: The Andhra Pradesh government conducted the Joint Staff Council meeting in which representatives of employees’ unions and group of ministers participated here on Tuesday. But the meeting ended without any conclusion. The state government made it clear to leaders of employees’ unions that restoration of Old Pension Scheme (OPS) is not possible because of legal issues. Ministers sought cooperation of employees for implementing the Gratuity Pension Scheme (GPS) proposed by them in the place of Contributory Pension Scheme (CPS).
 
Talking to reporters, AP government advisor Sajjala Ramakrishna Reddy said that the state government proposed GPS which can provide assured monthly income for employees after retirement. “GPS is far better than CPS,” he mentioned and added that employees’ unions want only OPS.
 
“We are ready to make changes within GPS but leaders of employees’ unions are saying that they can accept changes only in OPS,” he explained. To a question, Sajjala stated that the government is ready to talk with other unions, who are opposing CPS.


ADVERTSIEMENT

More English News
Infosys, HCL to set up software development centres in Vizag next month: Amarnath
Vaisshnav Tej and Ketika Sharma-starrer 'RRV' teaser trending online
T-Hub opens world's largest innovation campus for startups in India
Don't believe any rumours about my movie with Prabhas: Director Maruthi
Painting NTR statue with YSRCP colours: Kodali Nani responds to TDP allegations
Girls outshine boys in Telangana Intermediate exams
PM Modi condoles demise of business tycoon Pallonji Shapoorji Mistry
Man dies of shock after son gets killed in road accident in Kashmir
Sri Sathya Sai: Unidentified persons attack BJP leaders in Dharmavaram
Telangana: Inter 2022 results released, 67.96% passed in Inter second year
After cold war, Telangana CM shares dais with Governor
Tirupati: I belong to BJP, says actor Mohan Babu
Kerala CM denies misplacing baggage during UAE trip but Sivasankar says otherwise
46 undocumented migrants found dead inside lorry in Texas
India logs 11,793 Covid cases, 27 deaths
..more