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Guaranteed Pension Scheme of Andhra Pradesh

The Andhra Pradesh cabinet announced its approval to replace the Contributory Pension Scheme (CPS) with the Guaranteed Pension Scheme (GPS) for government employees. The move is aimed at providing enhanced financial security and benefits to pensioners. Under GPS, pensioners will now receive 50% of their last drawn pay as pension, which is significantly higher than the 20.3% received under CPS . This change is a positive step towards prioritizing the welfare of retired government employees and acknowledging their dedicated service.

Workers’ Demands and Government’s Response

Comparison of CPS and GPS

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