Rural Banks namely Allahabad U.P. Gramin Bank and Gramin Bank of Aryavart w.e.f. 1.4.2019, Aryavart Bank (Employees') Pension Regulations ... above regulations namely Allahabad U.P. Gramin Bank Pension Regulation and Aryavart Bank (Employees') Pension Regulations, 2018 provide for forfeiture of past services
BANKS ASSOCIATION AND THE WORKMEN TRADE UNION OF
THE RESPONDENT/BANK AND PAY THEM PENSION IN
ACCORDANCE WITH THE ANDHRA BANK (EMPLOYEES)
PENSION REGULATIONS ... UNION OF
THE R-1 / BANK AND PAY THEM PENSION IN ACCORDANCE
WITH ALLHABAD BANK (EMPLOYEES') PENSION REGULATIONS,
1985 WITH ALL INCIDENTAL AND CONSEQUENTIAL
Public Sector Banks.
Dear Sirs,
Voluntary Retirement Scheme in Public Sector Banks-Amendments To Bank,
(Employees') Pension Regulations, 1995.
Please refer to our circular ... Regulations, the respondent was not eligible for pension under the Pension
Regulations, 1995 of the appellant Bank."
Being of this view, the Court allowed
Public Sector Banks.
Dear Sirs,
19
Voluntary Retirement Scheme in Public Sector
Banks-Amendments To Bank, (Employees') Pension
Regulations, 1995.
Please refer ... hand, Regulations 14 and 29 of the
Pension Regulations, 1995, relate to the period of
qualifying service for pension under the said
Regulations
pension and the commuted pension with effect from July 1, 1994 as per the Bharat Overseas Bank Ltd. Employees' (Pension) Regulations, 1995, and other ... pointed out that the pension scheme framed by the respondent-bank, namely, Bharat Overseas Bank Ltd. Employees' (Pension) Regulations, 1993, had not come into
under the Service Regulations were entitled to receive pension in terms of the Pension Regulations and denial of pension by the banks was contrary ... Pension Regulations of 1995 they were not eligible for pension.
9. The Pension Regulations of 1995 were enforced in the appellant-Canara Bank
denied the initial option to opt for pension under the
Punjab National Bank (Employees) Pension Regulations, 1995 as the said
punishment was imposed prior ... Settlement/Joint Note for
the grant of pension, pending necessary amendments in the
Bank (Employees) Pension Regulations, 1995
LPA 403/2015 + WP(C) 3817/2016
basic pension or family pension or invalid pension or on compassionate allowance as enumerated in Appendix II of the above said Pension Regulations. The writ ... amount of minimum pension shall be given in Annexure V to this circular.
8.Pending amendments to Bank Employees' Pension Regulations, 1995, bank
pension regulations, the
benefit of pension or family pension or for employees who have
voluntarily retired in accordance with the provisions of the pension
scheme ... period
to provide for payment of pension/family pension in accordance with
regulations. It further provides that the bank shall be a contributor
mentioned in ERO-2003. Erstwhile Bank of Madura introduced a Pension scheme called Bank of Madura Employees Pension Regulations, 1995 in line with Banking Industry ... ICICI is that erstwhile Bank of Madura introduced a Pension scheme called Bank of Madura Employees Pension Regulations, 1995 (for short BME Regulations) in line