1 week ago
CPS Employees Plan Guntur Programme Seeking Old Pension Scheme
Employees and teachers in Andhra Pradesh who are covered by the Contributory Pension Scheme plan to meet in Guntur on September 1.
They will hold a programme called ‘Samara Sankham.’
The group wants the current pension scheme to be scrapped.
It says the issue is about more than money taken from workers’ salaries.
The group believes the scheme affects how securely employees and their families can live after retirement.
Cheerla Kiran said every employee will one day become a pensioner.
He pointed to five states that have moved from the National Pension System toward the Old Pension Scheme.
The association is asking why Andhra Pradesh should not do the same.
Employees and teachers under the Contributory Pension Scheme will hold a ‘Samara Sankham’ programme in Guntur on September 1.
The Andhra Pradesh CPS Employees Association is seeking the scrapping of the Contributory Pension Scheme.
The association says the scheme affects employees’ financial security and their families after retirement.
State Associate President Cheerla Kiran said every current employee will eventually become a pensioner.
He cited Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh as states that moved toward the Old Pension Scheme.
- Who
- Employees and teachers covered by the Contributory Pension Scheme, represented by the Andhra Pradesh CPS Employees Association.
- What
- They will organise a ‘Samara Sankham’ programme seeking the scrapping of the Contributory Pension Scheme.
- Where
- Guntur, Andhra Pradesh; the programme was announced in Tirupati.
- When
- September 1; the programme poster was unveiled on Sunday, but the year was not specified.
- Why
- The association says the Contributory Pension Scheme affects employees’ and their families’ financial security after retirement.
Key facts
- Programme
- ‘Samara Sankham’
- Date
- September 1
- Location
- Guntur
- Organiser
- Andhra Pradesh CPS Employees Association
- Demand
- Scrapping of the Contributory Pension Scheme
- Schemes discussed
- Contributory Pension Scheme, National Pension System and Old Pension Scheme
- States cited as moving toward OPS
- Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh
Quotes
Cheerla Kiran
State Associate President of the AP CPS Employees Association
“Every employee working today will become a pensioner tomorrow. Therefore, the issue concerns the future of every employee and cannot be treated as an individual problem.”
thehansindia.com
Sources
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