Supreme Court of India

Assistant General Manager, State Bank of India & Ors. v. Radhey Shyam Pandey

Neutral citation
Bench Arun Mishra, M. R. Shah and B.R. Gavai JJ.
Decided 2 March 2020
Status Distinguished

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that the employees who completed 15 years of service or more as on cut-off date were entitled to proportionate pension under SBI VRS to be computed as per SBI Pension Fund Rules.

Judgment, page 73

From the headnote

Service Law – Voluntary Retirement Scheme – Whether the respondent employees are entitled to pension on completion of 15 years of service as per the State Bank of India Voluntary Retirement Scheme (VRS framed in 2000) – Held: The Central Board of Directors of the SBI accepted the memorandum for making payment of pension, in case it was not accepting the proposal, in the memorandum it ought to have said clearly that it was not ready to accept the proposals of the Government and the Indian Bank Association (IBA) and rejects the same – However, once it approved the proposals referred to in the…

Where later benches applied it

Of those, 1 distinguished · 1 referred to

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