Tag: pension risk
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Understanding the Contributory Pension Scheme (CPS) in Andhra Pradesh
Introduction The Contributory Pension Scheme (CPS) has been a significant reform in retirement benefits for Andhra Pradesh government employees. Introduced to replace the old pension system, CPS aligns with national pension reforms and reflects a modern approach to pension management. What is the Contributory Pension Scheme (CPS)? CPS, also known as the New Pension Scheme…