Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Tuesday reiterated the promise of hiking pensions with biannual dearness reliefs (DRs) to all eligible retired employees under the new Guaranteed Pension Scheme (GPS).

He reiterated this commitment to the leaders of various government employees' unions who called on him at his camp office on Tuesday.

"You will get 50 per cent of the last month basic as pension and every year it would be hiked with two DRs," Reddy was quoted as saying in a press note shared by the state government on Tuesday.

On June 7, the Andhra Pradesh Cabinet approved the GPS which promises to emulate Central Government style biannual DRs.

According to the chief minister, the YSRCP government has promised something through GPS, DRs and 50 per cent quantum of the last drawn basic as guaranteed pension, which no other regime has done since 2003.

Barring the elements of the Pay Revision Commission (PRC), he said GPS carries some features of the Old Pension Scheme (OPS) which would be beneficial to the employees as well as the government, which has been arrived at after a tedious process of two years.

DRs will be synchronised with the rate of inflation to protect the living standards of retired employees, even after several years of superannuation, the CM added.

Reddy further directed officials to bring employees under the daily wages category into the jurisdiction of Andhra Pradesh Corporation for Outsourced Services (APCOS).

Representatives of the employees' unions thanked the CM for the recent Cabinet decisions benefiting them.

(With inputs from agencies)