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The Hindu·2 min read·medium

DSC-2003 teachers’ federation thanks CM for OPS restoration

T
The Hindu Bureau
DSC-2003 teachers’ federation thanks CM for OPS restoration
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A federation of teachers and government employees held a meeting to thank Chief Minister N. Chandrababu Naidu for restoring the Old Pension Scheme (OPS). The move is seen as a significant step toward providing social security for state employees.

Why it matters

Pension reform is a major policy issue in India, and this decision impacts the financial security of thousands of government workers.

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A federation of DSC-2003 teachers, police personnel and employees’ unions thanked Chief Minister N. Chandrababu Naidu for restoring the Old Pension Scheme (OPS) at a meeting held near Mangalagiri on Sunday.

The participants expressed gratitude to the Chief Minister for scrapping the Contributory Pension Scheme (CPS) and extending the benefits of the OPS to about 11,000 teachers, employees and police personnel.

Presiding over the meeting, federation coordinator K. L. Srinath said it was heartening that the State government had restored the OPS in accordance with Memo No. 57 issued by the Centre.

Rajya Sabha member Bhashyam Ramakrishna said Mr. Naidu had consistently adopted a positive approach towards resolving employees’ issues, and the restoration of the OPS reflected that commitment.

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