About this document
Supreme Court Ruling on VRS 2000 by Shivangi is a document available to read on EtoBox.
The Supreme Court of India decided on multiple civil appeals related to the Voluntary Retirement Scheme (VRS 2000) implemented by various nationalized banks. The court held that employees with 20 years of service who opted for VRS are entitled to an additional five years of notional service for pension calculations, but they are not entitled to interest on unpaid pensions. The judgment consolidates the appeals from different high courts, addressing the common issues surrounding the VRS and its implications
- Author
- Shivangi
- Language
- EN