Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • HR Pops
      • herSTORY
      • Perspectives
      • Point Of View
      • Case-In-Point
      • Research
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Leadership Summit 2025
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»News»AP Govt to provide 50% of last salary as pension
    News

    AP Govt to provide 50% of last salary as pension

    HRK News BureauBy HRK News BureauJune 11, 20232 Mins Read6846 Views
    Share LinkedIn Twitter Facebook
    Share
    LinkedIn Twitter Facebook

    The government of Andhra Pradesh has announced that all the state employees will receive a pension equal to 50 per cent of their last salary. The announcement comes after the approval of the guaranteed pension scheme (GPS) on Wednesday, June 7, 2023.

    The GPS scheme will be implemented as a replacement for the contributory pension scheme (CPS), which has been a subject of prolonged protests by state government employees. It is also comparable to the old pension scheme, which has been reintroduced by various Congress-governed states like Rajasthan, Chhattisgarh, and Himachal Pradesh.

    According to a government statement, the newly approved pension scheme will incorporate a gradual increase in the dearness allowance (DA) for government employees. This will guarantee the payment of a 50 per cent pension post-retirement. The cabinet has also endorsed a bill regarding this matter.

    In addition to GPS, the cabinet has also announced some other measures in an effort to gain support from government employees ahead of the 2024 state assembly elections and the national polls.

    Firstly, it entails regularising all 10,000 contractual employees who have completed five years of service prior to the bifurcation of Andhra Pradesh into Andhra and Telangana, which took place on June 2, 2014.

    Additionally, the cabinet has granted approval for 6,840 fresh positions across various departments, along with endorsing the government’s resolution to eliminate Vidya Vidhan Parishath and classify its 14,653 employees as government employees, who will be transferred to the directorate of secondary health. The statement further mentioned that the cabinet has sanctioned 2,118 positions for the newly established medical colleges.

    Moreover, all the government employees working in district headquarters, will now get an increased house rent allowance of 16 per cent which was 12 per cent earlier. Additionally, they will also get a 2.73 per cent rise in the DA. Furthermore, the cabinet has made other decisions concerning the creation of new positions in various departments and the establishment of junior colleges in every block of the state.

    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    Related Posts

    Vedanta’s inclusive ESOP model covers 40% of workforce

    January 22, 2026

    Assam positions youth workforce for AI era at world economic forum

    January 21, 2026

    Capgemini to cut up to 2,400 roles in France as AI shift reshapes operations

    January 21, 2026

    India’s Pay-TV job engine slows as streaming and automation reshape employment

    January 21, 2026
    Editorial

    Leaders must stop being the heart and become the nervous system

    Spotify largely avoids leadership approval for routine product features. Squads, small teams owning specific user…

    What failed brands teach us about talent strategy

    Remember Tata Nano? The Rs 1 lakh car that was supposed to revolutionise Indian mobility?…

    EDITOR'S PICKS

    Case-in-Point: Founder loyalty vs professional authority

    January 22, 2026

    herSTORY: Supriya Thankappan, ex-head-HR, Greaves Electric Mobility

    January 22, 2026

    The 24-point engagement collapse: Why 88% fell to 64% in just one year

    January 21, 2026

    HR perspectives by Rajnish Kumar: “In product organisations, adaptability beats expertise every time”

    January 21, 2026
    Latest Post

    Cargill gets Swaminathan Chandrashekhar as director-HRBP & head-HR, ICC

    Movement January 22, 2026

    Cargill, the food and beverage manufacturing company, has roped in Swaminathan Chandrashekhar for the role…

    Vedanta’s inclusive ESOP model covers 40% of workforce

    Compensation & Benefits January 22, 2026

    Vedanta, the Indian metals, oil & gas, critical minerals, power and technology conglomerate, has generated…

    JWIL Infra ropes in Sunita Thakur Kohli for CHRO

    Movement January 22, 2026

    JWIL Infra has roped in Sunita Thakur Kohli for the role of chief human resources…

    Case-in-Point: Founder loyalty vs professional authority

    Case-In-Point January 22, 2026

    Company: InnovateTech Solutions (fictitious), a 12-year-old SaaS startup that recently went public. Background: For 12…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2026 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.