DTC RETIRED EMPLOYEES'ASSOCIATION vs DELHI TRANSPORT CORPORATION

The Supreme Court upheld the Delhi High Court's decision regarding the Pension Scheme for retired employees of the Delhi Transport Corporation (DTC), stating that all employees retiring on or after 3.8.1981 are entitled to the scheme provided they refund the employer's share of the provident fund with interest, as per the Employees Provident Fund Act. The Court clarified that the DTC was entitled to charge interest on the refunded amount, and dismissed claims that gratuity received was not liable to be returned. The judgment reinforced the binding nature of the Pension Scheme as sanctioned by the Central Government.