TRANSPORT MANAGER,PUNE MUN.CORPN. vs VASANT GOPAL BHAGWAT(DEAD)BY LRS.

The Supreme Court addressed the applicability of the Pension Scheme under the Pune Municipal Corporation for retired employees of the Transport Undertaking, specifically under the Bombay Provincial Municipal Corporation Act, 1949. The Court held that employees who retired before the implementation of the Pension Scheme on 1.4.1967 were not entitled to its benefits, as they had already opted for the Provident Fund Regulations under the Employees Provident Fund Act, 1952. The Court emphasized that the option to switch to the Pension Scheme was only available to those who were still in service at the time of the Scheme's introduction and had not opted out previously.