STATE OF PUNJAB vs GIAN CHAND .

The Supreme Court ruled that the circular dated 29th July 2003, which altered the calculation of pension commutation, violated Article 14 of the Constitution of India by adversely affecting employees who retired before the new table was introduced. The Court emphasized that pension rights are a vested right and cannot be altered to the detriment of employees who had already retired. The judgment upheld the rights of the respondents, ordering the restoration of the previous pension calculation method for those affected.