New Delhi:- Discontent is simmering among the government employees and teachers over the Contributory Pension Scheme also called the National Pension Scheme that was launched in 2003 by the then NDA government. The united Andhra Pradesh government and later the Telangana State governments have also adopted the scheme.
The existing employees in 2003 did not react much as it did not impact them. But, as the government recruitments continued after 2004, the ranks of government employees denied the defined benefit pension and brought under this contributory pension scheme started to swell. They are realising its ill-effects on them. There are about 1.15 lakh such employees in Telangana and another 1.56 lakh in Andhra Pradesh, who are affected by the New Pension Scheme.