Indian Bank (Employees') Pension Regulations, 1995

N. Venkataramani, an employee of Indian Bank, voluntarily retired after 14 years, 9 months and 17 days of service. The bank denied his claim for pension on the ground that he had not completed the statutory minimum of 15 years. The Madras High Court set aside the bank’s order and directed the grant of pension, interpre…

The employee of Indian Bank applied for voluntary retirement on 21 January 2004, requesting a waiver of the three‑month notice period under Regulation 29 of the Indian Bank Employees Pension Regulations, 1995. The bank rejected the application on 20 April 2004, stating the employee was ineligible, and later initiated d…

The respondents, employees of Indian Bank who had served for more than ten years, opted for voluntary retirement and sought to have periods of extraordinary leave on loss of pay counted as qualifying service for pension benefits. The bank rejected their claim, relying on Regulation 17 of the Indian Bank (Employees') Pe…