Supreme Court of India
Central Bank of India & Ors. v. Tara Chand
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What the Court ordered
In view of the aforesaid discussions, this appeal is a llowed, judgments of the High Court are set aside and the writ petition filed by the respondent is dismissed.
Judgment, page 14
From the headnote
Service Law: Pro-rata pension – Denial of, on opting for volunta ry retirement under Voluntary Retirement Scheme – Writ petition – Single Judge of High Court directed the employer-Bank to extend the benefit of pro-rata pension in terms of the Scheme r/w. Pension Reg ulations – Division Bench of High Court upheld the order of Single Jud ge – Appeal to Supreme Court – Held: In view of Clause 6(ii) of Voluntary Retirement Scheme, payment of pension under the Scheme has t o be as per Pension Regulations – As per Regulation 28 o f Pension Regulations, an employee who opted for retirement b efore
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