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

/ Judges, Kurian Joseph, Pension Law, Pension Law with General Insurance (Employees) Pension Scheme, 1995, Pension Scheme, Sanjay Kishan Kaul, Service Law, Service Law with Section 17-A of the General Insurance Business (Nationalisation) Act, 1972, Voluntary Retirement Scheme

Supreme Court Upholds Exclusion of Notional Service Benefit in Special Voluntary Retirement Scheme: National Insurance Special Voluntary Retired/Retired Employees Association vs. United India Insurance Co. Ltd. (2018) LEGAL ISSUE: Whether employees who opted for a Special Voluntary Retirement Scheme (SVRS) are entitled to an additional notional benefit of five years of service for pension calculation, […]

Supreme Court Upholds Exclusion of Notional Service Benefit in Special Voluntary Retirement Scheme: National Insurance Special Voluntary Retired/Retired Employees Association vs. United India Insurance Co. Ltd. (26 October 2018) Read Post »