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Guaranteed Pension System (GPS) vs Old Pension Scheme (OPS): Which pension scheme offers maximum retirement benefits?

Guaranteed Pension System (GPS) vs Old Pension Scheme (OPS): Which pension scheme offers maximum retirement benefits?

Fri, Sep 29, 2023

The Andhra Pradesh Assembly passed the Andhra Pradesh Guaranteed Pension System Bill-2023 on Wednesday. Under the Guaranteed Pension System all state government employees will be eligible for a guaranteed monthly pension of 50 per cent of their last drawn basic salary.

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