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Saturday, September 23, 2023
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    Director General of the Intl Baccalaureate Organization, Mr.Olli-Pekka Heinonen in the meeting with CM Jagan

    Director General of the Intl Baccalaureate Organization, Mr.Olli-Pekka Heinonen in the meeting with CM Jagan

    నవరత్నా లు-వైయస్సా ర్ రైతు భరోస్స రైతుల పాలిట అమృతఫలం

    జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

    జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

    పేరులో ఏముంది ? ప్రజాస్వామ్యంలోనే అంతా ఉంది…

    ‘ఇండియా’ కథాకమీషు

    ప్రధాని మోడీ ఒక్క సెలవు కూడా తీసుకోలేదు – పీఎంఓ

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      NAVARATNALU-RYTHU-BHAROSA

      నవరత్నా లు-వైయస్సా ర్ రైతు భరోస్స రైతుల పాలిట అమృతఫలం

      ATTRACTIVE SALE - CRYSTAL GARDEN APARTMENTS IN MANGALAGIRI, AP

      ATTRACTIVE SALE CRYSTAL GARDEN APARTMENTS IN MANGALAGIRI, AP

      Her Excellency Dr Tamilisai Soundararajan, Hon’ble Governor of Telangana, the chief guest of the 3rd Convocation Ceremony of SRM University-AP

      Hon’ble Governor of Telangana Felicitates Graduates at the 3rd Convocation Ceremony of SRM University-AP

      Telangana Governor Dr Tamilsai Soundararajan will be the Chief Guest

      SRMAP-ఎస్ఆర్ఎం ఏపీ వర్సిటీ 3వ స్నాతకోత్సవం – 2న

      Leaders for India Organization Founder & CEO Mohnish Yerra at India Startup Fest 2023 with Sadguru Madhusudhan Sai and Organizer Choudhary

      Leaders for India Organization-Business acceleration and Angel investing

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        Senior agro-journo Dasari Alwaraswamy to be felicitated -వ్యవసాయ సీనియర్ పాత్రికేయుడు దాసరి ఆళ్వారస్వామికి 19న ఘనంగా సత్కారం

        Senior agro-journo Dasari Alwaraswamy to be felicitated -వ్యవసాయ సీనియర్ పాత్రికేయుడు దాసరి ఆళ్వారస్వామికి 19న ఘనంగా సత్కారం

        Burnett Woods-Cincinnati City Park

        Burnett Woods-Cincinnati City Park

        Gantasala Hrudayanjali

        The first single of ‘Uru Peru Bhairavakona-‘ఊరు పేరు భైరవకోన’ ఫస్ట్ సింగిల్ నిజమే నే చెబుతున్నా…

        The first single of ‘Uru Peru Bhairavakona-‘ఊరు పేరు భైరవకోన’ ఫస్ట్ సింగిల్ నిజమే నే చెబుతున్నా…

        Famous Film personalities visited Bhagwan Shri Satya Shiridi Sai Baba Mandir of Pedavadlapudi

        Famous Film personalities visited Bhagwan Shri Satya Shiridi Sai Baba Mandir of Pedavadlapudi

        ‘Naatu Naatu’ from ‘RRR’ Wins Best Original Song-Oscars 2023

        ‘Naatu Naatu’ from ‘RRR’ Wins Best Original Song-Oscars 2023

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          diana shanti-డయానా శాంతి కి విజయవంతంగా పూర్తి అయిన వైద్య పరీక్షలు

          diana shanti-డయానా శాంతి కి విజయవంతంగా పూర్తి అయిన వైద్య పరీక్షలు

          NAVARATNALU-RYTHU-BHAROSA

          నవరత్నా లు-వైయస్సా ర్ రైతు భరోస్స రైతుల పాలిట అమృతఫలం

          జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

          జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

          Harish Salve's third wedding

          ఘనంగా హరీష్ సాల్వే మూడో పెళ్లి

          aarogyam

          symptoms in your body-మీ బాడీలో ఈ లక్షణాలు ఉంటే కచ్చితంగా డేంజరే..

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          Third Convocation of VIT-AP-విఐటి-ఏపి విశ్వవిద్యాలయంలో మూడవ స్నాతకోత్సవం

          Third Convocation of VIT-AP-విఐటి-ఏపి విశ్వవిద్యాలయంలో మూడవ స్నాతకోత్సవం

          Director General of the Intl Baccalaureate Organization, Mr.Olli-Pekka Heinonen in the meeting with CM Jagan

          Director General of the Intl Baccalaureate Organization, Mr.Olli-Pekka Heinonen in the meeting with CM Jagan

          TOEFL training-ప్రభుత్వ పాఠశాలల్లో విద్యార్థులకు మూడో తరగతి నుంచే టోఫెల్ శిక్షణ

          నవరత్నా లు-వైయస్సా ర్ రైతు భరోస్స రైతుల పాలిట అమృతఫలం

          VIT-AP University organizes Freshers orientation program

          VIT-AP University organizes Freshers orientation program

          Her Excellency Dr Tamilisai Soundararajan, Hon’ble Governor of Telangana, the chief guest of the 3rd Convocation Ceremony of SRM University-AP

          Hon’ble Governor of Telangana Felicitates Graduates at the 3rd Convocation Ceremony of SRM University-AP

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            జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

            జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

            Countries-22, delegates-57 from take part in inaugural of G-20 IWG meeting in Visakhapatnam

            Countries-22, delegates-57 from take part in inaugural of G-20 IWG meeting in Visakhapatnam

            CM YS Jagan-Visuals second infrastructure working group of G-20

            CM YS Jagan-Visuals second infrastructure working group of G-20

            Six locations to be turned into red zones during G20 Summit in Visakhapatnam

            Six locations to be turned into red zones during G20 Summit in Visakhapatnam

            CM YS Jagan Congratulated Ministers,Officials

            CM YS Jagan Congratulated Ministers,Officials

            List of MOUs Inked by AP Govt With Investors in GIS Summit 2023 Held in Visakhapatnam

            List of MOUs Inked by AP Govt With Investors in GIS Summit 2023 Held in Visakhapatnam

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            Harish Salve's third wedding

            ఘనంగా హరీష్ సాల్వే మూడో పెళ్లి

            Chief Minister Y.S. Jagan addressed the Nata Telugu Maha Sabhas being held in Dallas, America.

            Nata Telugu Maha Sabhas-అమెరికాలోని డాలస్‌లో జరుగుతున్న నాటా తెలుగు మహా సభలనుద్దేశించి ముఖ్యమంత్రి వైయస్‌. జగన్‌

            Sri Srinivasa Kalyanam was held in four cities out of 11 cities in America

            Sri Srinivasa Kalyanam was held in four cities out of 11 cities in America

            A young woman from Hyderabad died in the Texas firing incident

            A young woman from Hyderabad died in the Texas firing incident

            Burnett Woods-Cincinnati City Park

            Burnett Woods-Cincinnati City Park

            Telangana Peoples Association of Dallas- TPAD

            Telangana Peoples Association of Dallas- TPAD

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            Andhra Viswa Kalaparishat and Samikya Bharathi International Telugu Festival Celebrations

            Andhra Viswa Kalaparishat and Samikya Bharathi International Telugu Festival Celebrations

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              diana shanti-డయానా శాంతి కి విజయవంతంగా పూర్తి అయిన వైద్య పరీక్షలు

              diana shanti-డయానా శాంతి కి విజయవంతంగా పూర్తి అయిన వైద్య పరీక్షలు

              జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

              జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

              Harish Salve's third wedding

              ఘనంగా హరీష్ సాల్వే మూడో పెళ్లి

              aarogyam

              symptoms in your body-మీ బాడీలో ఈ లక్షణాలు ఉంటే కచ్చితంగా డేంజరే..

              Senior agro-journo Dasari Alwaraswamy to be felicitated -వ్యవసాయ సీనియర్ పాత్రికేయుడు దాసరి ఆళ్వారస్వామికి 19న ఘనంగా సత్కారం

              Senior agro-journo Dasari Alwaraswamy to be felicitated -వ్యవసాయ సీనియర్ పాత్రికేయుడు దాసరి ఆళ్వారస్వామికి 19న ఘనంగా సత్కారం

              Sri Srinivasa Kalyanam was held in four cities out of 11 cities in America

              Sri Srinivasa Kalyanam was held in four cities out of 11 cities in America

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                Director General of the Intl Baccalaureate Organization, Mr.Olli-Pekka Heinonen in the meeting with CM Jagan

                Director General of the Intl Baccalaureate Organization, Mr.Olli-Pekka Heinonen in the meeting with CM Jagan

                నవరత్నా లు-వైయస్సా ర్ రైతు భరోస్స రైతుల పాలిట అమృతఫలం

                జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

                జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

                పేరులో ఏముంది ? ప్రజాస్వామ్యంలోనే అంతా ఉంది…

                ‘ఇండియా’ కథాకమీషు

                ప్రధాని మోడీ ఒక్క సెలవు కూడా తీసుకోలేదు – పీఎంఓ

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                  NAVARATNALU-RYTHU-BHAROSA

                  నవరత్నా లు-వైయస్సా ర్ రైతు భరోస్స రైతుల పాలిట అమృతఫలం

                  ATTRACTIVE SALE - CRYSTAL GARDEN APARTMENTS IN MANGALAGIRI, AP

                  ATTRACTIVE SALE CRYSTAL GARDEN APARTMENTS IN MANGALAGIRI, AP

                  Her Excellency Dr Tamilisai Soundararajan, Hon’ble Governor of Telangana, the chief guest of the 3rd Convocation Ceremony of SRM University-AP

                  Hon’ble Governor of Telangana Felicitates Graduates at the 3rd Convocation Ceremony of SRM University-AP

                  Telangana Governor Dr Tamilsai Soundararajan will be the Chief Guest

                  SRMAP-ఎస్ఆర్ఎం ఏపీ వర్సిటీ 3వ స్నాతకోత్సవం – 2న

                  Leaders for India Organization Founder & CEO Mohnish Yerra at India Startup Fest 2023 with Sadguru Madhusudhan Sai and Organizer Choudhary

                  Leaders for India Organization-Business acceleration and Angel investing

                  Trending Tags

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                    Senior agro-journo Dasari Alwaraswamy to be felicitated -వ్యవసాయ సీనియర్ పాత్రికేయుడు దాసరి ఆళ్వారస్వామికి 19న ఘనంగా సత్కారం

                    Senior agro-journo Dasari Alwaraswamy to be felicitated -వ్యవసాయ సీనియర్ పాత్రికేయుడు దాసరి ఆళ్వారస్వామికి 19న ఘనంగా సత్కారం

                    Burnett Woods-Cincinnati City Park

                    Burnett Woods-Cincinnati City Park

                    Gantasala Hrudayanjali

                    The first single of ‘Uru Peru Bhairavakona-‘ఊరు పేరు భైరవకోన’ ఫస్ట్ సింగిల్ నిజమే నే చెబుతున్నా…

                    The first single of ‘Uru Peru Bhairavakona-‘ఊరు పేరు భైరవకోన’ ఫస్ట్ సింగిల్ నిజమే నే చెబుతున్నా…

                    Famous Film personalities visited Bhagwan Shri Satya Shiridi Sai Baba Mandir of Pedavadlapudi

                    Famous Film personalities visited Bhagwan Shri Satya Shiridi Sai Baba Mandir of Pedavadlapudi

                    ‘Naatu Naatu’ from ‘RRR’ Wins Best Original Song-Oscars 2023

                    ‘Naatu Naatu’ from ‘RRR’ Wins Best Original Song-Oscars 2023

                    Trending Tags

                    • LifestyleFASHION
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                      diana shanti-డయానా శాంతి కి విజయవంతంగా పూర్తి అయిన వైద్య పరీక్షలు

                      diana shanti-డయానా శాంతి కి విజయవంతంగా పూర్తి అయిన వైద్య పరీక్షలు

                      NAVARATNALU-RYTHU-BHAROSA

                      నవరత్నా లు-వైయస్సా ర్ రైతు భరోస్స రైతుల పాలిట అమృతఫలం

                      జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

                      జీ 20 అతిధులకు రుచికరమైన వెజ్ భోజనాలు

                      Harish Salve's third wedding

                      ఘనంగా హరీష్ సాల్వే మూడో పెళ్లి

                      aarogyam

                      symptoms in your body-మీ బాడీలో ఈ లక్షణాలు ఉంటే కచ్చితంగా డేంజరే..

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                      Third Convocation of VIT-AP-విఐటి-ఏపి విశ్వవిద్యాలయంలో మూడవ స్నాతకోత్సవం

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                          ఘనంగా హరీష్ సాల్వే మూడో పెళ్లి

                          aarogyam

                          symptoms in your body-మీ బాడీలో ఈ లక్షణాలు ఉంటే కచ్చితంగా డేంజరే..

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                          Senior agro-journo Dasari Alwaraswamy to be felicitated -వ్యవసాయ సీనియర్ పాత్రికేయుడు దాసరి ఆళ్వారస్వామికి 19న ఘనంగా సత్కారం

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                          Home ANDHRA PRADESH AP STATE

                          Centre’s Interest In Andhra’s Guaranteed Pension Scheme Model

                          Rajadhani Vartlau by Rajadhani Vartlau
                          February 6, 2023
                          in AP STATE
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                          Centre’s Interest In Andhra’s Guaranteed Pension Scheme Model

                          AP - GPS - Guaranteed Pension Scheme

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                          Andhra Pradesh’s Guaranteed Pension Scheme (GPS) has caught the Centre’s attention as it is seen to have the best of both the Old Pension Scheme (OPS) and the New Pension Scheme (NPS) elements.

                          According to a report by the Indian Express (IE), The officials believe the scheme “is interesting”, although it needs to be studied in detail.

                          So what is the new GPS to be brought in by the AP Government

                          The scheme was proposed for the first time in April 2022 and offers a guaranteed pension of 33 percent of the last drawn basic pay without any deduction to the state government employees.

                          KALYANAMASTHU SHADI TOFA KALYANAMASTHU SHADI TOFA KALYANAMASTHU SHADI TOFA
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                          For this, they would need to contribute 10 percent of their basic salary every month, and the state government will match it.

                          If the employee is willing to contribute a higher 14 percent every month, they will receive a guaranteed pension of 40 percent of their last drawn salary.

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                          According to AP Finance Minister Buggana Rajendranath, the market conditions will not influence the pension under GPS, which is nearly 70 percent higher than the current pension being offered under CPS, in line with the current interest rates.

                          The state government also said that the NPS or CPS would give lower returns than the GPS. The scheme was proposed to replace the Centre’s NPS, which is called the Contributory Pension Scheme (CPS) in the state.

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                          Under the CPS (Contributory Pension Scheme) scheme, the quantum of how much pension will be received on the basic pay per month at the time of retirement cannot be calculated exactly.

                          The government has restructured the GPS to increase pensions by 33 percent on the last month’s salary. In November last year, a federation of Central government employees’ unions wrote to the Cabinet Secretary to restore the OPS, stating that the NPS is a disaster for retiring employees in their old age.

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                          Representatives of several employee unions said they would consider the proposal thoroughly and submit their suggestions which they consider appropriate. The committee set up to discuss the CPS with union leaders and met them at the Secretariat in Velagapudi in April. Finance Minister Buggana Rajendranath, a member of the committee, said that Chief Minister YS Jagan Mohan Reddy wanted to ensure that the government employees benefitted after retirement. He said the implementation of the old pension scheme was a feasible factor in view of the state’s economic conditions, future generations of government employees, and the welfare of the people.

                          Apparently, officials in the state government said the Union Finance Ministry has been sounded out about this model. No formal approval has been sought as yet about this, however, Finance Ministry officials said the AP model was interesting and needed to be studied in detail.

                          Tags: Andhra Pradesh pension schemeCentreGPSPension Scheme
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