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Supreme Court Upholds RBI Circular Denying Arrears of Pension from Date of Retirement in Pension Option Case. Prospective Pension from July 1, 2020, Upheld as Valid Exercise of Employer's Discretion.

The Reserve Bank of India (RBI) appealed against a Division Bench judgment of the Kerala High Court that had dismissed its appeal against a Single Jud...

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Bombay High Court Allows Writ Petition for Pensionary Benefits of Retired Lecturer Under Maharashtra Pension Rules. Petitioner entitled to regular pension, gratuity, commutation, and leave encashment with interest for 30 years 1 month of service in aided colleges.

The petitioner, Dr. (Mrs.) Parvathi Venkatesh, a retired lecturer aged about 60 years, filed a writ petition under Article 226 of the Constitution of ...

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Supreme Court Dismisses RSRTC Appeals, Upholds Pension Rights of Absorbed Employees. Transfer of CPF Amount by Provident Fund Commissioner Satisfies Condition for Pension Under Circular Dated 02.07.1991.

The Supreme Court dismissed two appeals filed by the Rajasthan State Road Transport Corporation (RSRTC) challenging the judgments of the Rajasthan Hig...

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Supreme Court Upholds Pro-rata Pension for Voluntary Retiree Under Bank's Voluntary Retirement Scheme. Employee with 11 years of service and over 40 years of age held eligible for pension under Regulation 14 of Central Bank of India (Employees') Pension Regulations, 1995.

The case involves an appeal by the Central Bank of India against a judgment of the Rajasthan High Court which allowed the writ petition of the respond...

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Bombay High Court Allows Pension Benefits to Retired Bank Employee Despite Delay in Deposit of Contribution Amount Under Joint Note Dated 27 April 2010. The court held that the three-day period for deposit was unreasonable and that the petitioner's substantial compliance warranted granting pension.

The petitioner, Ramesh Gajanan Nigudkar, joined the Bank of Baroda as a subordinate staff member on 4 March 1967 and retired after 39 years of unblemi...

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Bombay High Court Dismisses Petition of Retired Teachers Seeking Pension Revision Based on 6th Pay Commission. Held that Hakim Committee Recommendations Not Applicable to Teaching Staff and Pre-2006 Retirees Not Entitled to Revised Pension.

The petitioner, an association of superannuated teachers, filed a writ petition seeking a declaration that the recommendations of the Hakim committee ...