National Insurance Co.Ltd. & Anr vs Kirpal Singh

The Supreme Court held that employees who opted for voluntary retirement under the Special Voluntary Retirement Scheme, 2004, are entitled to claim pension under the General Insurance (Employees) Pension Scheme, 1995, provided they have completed a minimum of ten years of service. The Court affirmed the High Court's ruling that the eligibility criteria in the pension scheme are satisfied by the respondents, thus entitling them to pension benefits. The decision clarifies the interpretation of eligibility under the relevant schemes, reinforcing the rights of employees opting for voluntary retirement.