The Economic Times

OPS vs CPS: Andhra Pradesh allows one-time switch to Old Pension Scheme for eligible employees; check who qualifies

Andhra Pradesh offers a one-time option to switch to the Old Pension Scheme. This applies to employees recruited before September 1, 2004, who joined later. They must meet specific conditions to avail this benefit. This decision aligns with a similar move by the central government in March 2023. Employees not opting will continue under the Contributory Pension Scheme.