Ban the CPS system: TNGO

     Written by : SMTV24x7 | Fri, Mar 03, 2017, 04:48 PM

Ban the CPS system: TNGO

New Delhi March 3: TELANGANA NON-GAZETTED OFFICER President Devi Prasad had protested aginst the ruling govt here Jantar Mantar New Delhi.

In the protest across the country total of 29 states have been participated.They demanded that has to ban the CPS system Contributary pension Scheme.He further said that Telangana CM is working hard for the banning of cps system.

Response from Dattatreya:

Labour Minister Bandaru Dattatreya today said he will soon discuss bringing back old General Provident Fund scheme with the Finance Minister as many employee organizations are unhappy with the new pension system.



A delegation of central government employees today called on Labour Minister Bandaru Dattatreya and demanded restoration of the old GPF scheme, which was replaced with the contributory pension scheme, NPS, from 2004.

Dattatreya said the Labour Ministry has been receiving such demands from all quarters across the country.

The minister further said he will take up the issue with Finance Minister Arun Jaitley soon.

"A delegation of central government employees has given me a memorandum to bring back old General Provident Fund (GPF) scheme because they want retired government employees to avail social security like pension benefits, dependent benefits, insurance and other benefits," Dattatreya said.