Wednesday, 28 November 2018

Appointment of An Expert Committee for review of the Contributory Pension Scheme(CPS) in Andhra Pradesh vide GO 2052 Dt 28-1-2018

Appointment of An Expert Committee for review of the Contributory Pension Scheme(CPS) in Andhra Pradesh vide GO 2052  Dt 28-11-2018


Several representations and requests have been received from various service associations and people representatives for de-adoption of Contributory Pension Scheme and restoration of Old Pension Scheme for the State Government employees.

Keeping in view of the representations from the service associations and people representatives, the Government hereby constitute an Expert committee with the following composition.

 Contributory Pension Scheme(CPS) Committee Members:

  1. Sri. S.P.Tucker, IAS (Retd), Former Chief Secretary to Government: Chairperson
  2. Sri. Peeyush Kumar, IAS , Secretary to Govt (FP), Finance Department : Member Secretary
  3. Sri. D.Venkata Ramana, Secretary to Government, Law Department : Member
  4. Prof. K. Muniratnam Naidu (Retd), Professor in Economics, S.P.Mahila University, Tirupathi : Member
  5. Prof Galab, Professor in Economics, Director, CESS, Hyderabad : Member


An Expert Committee for review of the Contributory Pension Scheme(CPS)

Terms of reference for the committee which Govt appointed to review on the Contributory Pension Scheme(CPS):


  1. To submit a detailed report analysing the repercussions, both legal and financial of reviewing the Contributory Pension Scheme now in force.
  2. To submit a detailed report analysing the impact of Contributory Pension Scheme on the State Finances.
  3. To suggest propositions regarding the liabilities and risks that may arise out of the agreements entered into with NPS trust and NSDL.

  4. In case it is to withdraw the Contributory Pension Scheme and in lieu of it to implement the Statutory Pension Scheme, suggest propositions for refund of the contributions made by the employees & employer so far?
  5. In case it is to withdraw the Contributory Pension Scheme and in lieu of it to implement the Statutory Pension Scheme, what will be the legality of such a decision with respect to those who have already retired from service after serving under the Contributory Pension Scheme? or expired while in service?.
  6. To analyse the status of the scheme in detail and the experiences and current scenarios of other states that have implemented the Contributory Pension Scheme.
  7. In case if the scheme is continued, what are the various steps that can be taken to make it more attractive/beneficial?
  8. To make suggestions in other matters that the committee finds relevant with regard to the review of the Contributory Pension Scheme.




0 comments:

Post a Comment

AP Latest Updates

More

General Updates

More

Telangana GOs & Proceedings

More

Title 8

Credit Card
AP
TS
Credit Card
AP
TS
Credit Card
AP
TS
Credit Card
AP
TS
Credit Card
AP
TS
Credit Card
AP
TS

Title 10

Title 11

Credit Card
AP
TS
Credit Card
AP
TS
Credit Card
AP
TS
Credit Card
AP
TS
Credit Card
AP
TS
Credit Card
AP
TS
Top