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ABDUL MOIN
Gyan Prakash – Appellant
Versus
General Manager Punjab National Bank – Respondent
JUDGMENT :
1. Heard Sri Jyoti Prakash Pandey, learned counsel for the petitioner and Sri Gopal Krishna Srivastava, learned counsel appearing for the respondent-Bank.
2. Instant writ petition has been filed praying for the following main reliefs:-
3. The case set forth by the petitioner is that the petitioner was appointed on the post of Peon in the year 1960 in Punjab National Bank. Through efflux of time, the petitioner received promotions and finally retired from the post of Clerk on attaining the age of superannuation. The petitioner did not specifically opt for pension and consequently, all retiral dues in lieu of pension were paid to him after his retirement in the year 2000.
4. On 16.08.2010, the Punjab National Bank (Provident Fund and Pension Fund Department) issued a circula
The entitlement to pension benefits under the Pension Regulations and related circulars extends to all eligible employees, irrespective of the type of retirement.
The main legal point established in the judgment is the entitlement of the petitioner to pension benefits under the PF and Pension Circular No. 8/2010, based on the exercise of options and the bank's....
Employees retiring on medical grounds are entitled to pension options under applicable circulars, provided they have completed the requisite service and did not voluntarily resign.
Cutoff date for pension upon switch from provident fund, denying pre-cutoff arrears, is not arbitrary or discriminatory due to prior opt-out opportunities, financial burden, and scheme as policy pack....
Public authorities must effectively communicate pension options to retirees, and publication in retirement portals is sufficient notice, upholding the necessity of cut-off dates for application submi....
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