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Supreme Court Allows LIC's Appeal Against Resigned Employee's Pension Claim — Resignation Not Voluntary Retirement Under Pension Rules. Employee Who Resigned Before Pension Scheme Notification Not Entitled to Retrospective Benefits Under LIC Pension Rules, 1995.

The Supreme Court considered a batch of appeals concerning employees of the Life Insurance Corporation of India, United India Insurance Company Limite...

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Supreme Court Dismisses Appeal in Pension Benefits Case Under Regularisation Rules. Employee Not Entitled to Old Pension Scheme as Initial Appointment Was on Contract Basis and Regularisation Was Prospective Under Rule 6 of Regularisation Rules, 2011.

The dispute centered on the entitlement of an employee to pensionary benefits under the old pension scheme following the regularisation of his service...

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Bombay High Court Allows Writ Petition of Deceased Bank Employee for Superannuation Benefits Despite Pending Criminal Proceedings. Penalty of Compulsory Retirement Entitles Employee to All Retirement Benefits; Bank Cannot Withhold Benefits on Ground of Pending Criminal Case.

The petitioner, Ashok Wamanrao Bankar, was a Clerk-cum-Cashier (later Single Window Operator) at Allahabad Bank's Jamb (Parbhani) branch. He was charg...

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Supreme Court Allows IFCI's Appeal Against Retirees' Claim for Enhanced Pension Under VRS-2008. Voluntary Retirement Scheme's Full and Final Settlement Clause Bars Subsequent Claims for Pay Revision Benefits.

The dispute pertains to thirty-one employees of IFCI who voluntarily retired under the Voluntary Retirement Scheme of 2008 (VRS-2008) on 1 February 20...