Andhra Pradesh: New Guaranteed Pension Scheme (GPS)
Facts for Prelims (FFP) Source: HBL Context: The Andhra Pradesh Guaranteed Pension System Bill, 2023 was passed recently. Through this, the Andhra Pradesh government started introducing the New Guaranteed Pension Scheme (GPS) against the criticism of the New Pension Scheme (NPS) and the negative fiscal impact Old Pension Scheme (OPS) OPS vs. NPS …
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