Life Insurance Corporation of India (Employees) Pension Rules, 1995

R. Dhandapani, an assistant with Life Insurance Corporation of India (LIC), was transferred to a new branch but failed to join, subsequently taking privileged and medical leave without furnishing a medical certificate from the LIC‑designated doctor. The employer issued a charge sheet for disobedience, insubordination a…

Shree Lal Meena resigned from LIC in 1990 because no voluntary retirement scheme existed, and later sought pension benefits under the LIC Employees' Pension Rules, 1995 which were retrospectively applied from 1993. The Supreme Court examined whether a resignation could be treated as voluntary retirement and whether the…

The appellant, Diwan Singh, a cashier with Life Insurance Corporation of India, accepted Rs.533 from a policy holder on 13 August 1990 but failed to deposit the amount, later forging a ledger entry to conceal the shortfall. He was charged with temporary embezzlement and forgery, found guilty in a departmental enquiry, …