General Insurance (Employees) Pension Scheme, 1995 Archives

Supreme Court Upholds Exclusion of Notional Service Benefit in Special Voluntary Retirement Scheme: National Insurance vs. United India Insurance (26 October 2018)

Supreme Court Upholds Exclusion of Notional Service Benefit in Special Voluntary Retirement Scheme: National Insurance vs. United India Insurance (2018) LEGAL ISSUE: Whether employees who opted for the Special Voluntary Retirement Scheme (SVRS) 2004 are entitled to the notional five-year service benefit under the General Insurance (Employees) Pension Scheme, 1995. CASE TYPE: Service Law Case […]

Supreme Court settles the exclusion of additional service benefits in voluntary retirement schemes: National Insurance Special Voluntary Retired/Retired Employees Association & Anr. vs. United India Insurance Co. Ltd. & Anr. (26 October 2018)

October 26, 2018 / General Insurance (Employees) Pension Scheme, 1995, General Insurance Business (Nationalisation) Act, 1972, General Insurance Business (Nationalisation) Act, 1972 with Section 17-A, Judges, Kurian Joseph, Pension Scheme, Sanjay Kishan Kaul, Special Voluntary Retirement Scheme, 2004, Voluntary Retirement Scheme

Supreme Court Upholds Exclusion of Additional Service Benefit in Voluntary Retirement Scheme Date of the Judgment: 26 October 2018 Citation: 2018 INSC 944 Judges: Kurian Joseph, J., Sanjay Kishan Kaul, J. Can employees who opt for a special voluntary retirement scheme (SVRS) claim additional benefits from a previous pension scheme, despite explicit exclusions in the

Supreme Court settles the exclusion of additional service benefits in voluntary retirement schemes: National Insurance Special Voluntary Retired/Retired Employees Association & Anr. vs. United India Insurance Co. Ltd. & Anr. (26 October 2018) Read Post »