NATIONAL INSURANCE CO.LTD. vs KIRPAL SINGH

The Supreme Court addressed the entitlement of employees opting for voluntary retirement under the General Insurance (Employees) Pension Scheme 1995, as per the General Insurance Business (Nationalisation) Act, 1972. The Court upheld the High Court's ruling that such employees are entitled to claim pension benefits, clarifying that the eligibility criteria set forth in the Special Voluntary Retirement Scheme, 2004 do not preclude pension claims. The Court concluded that the respondents are entitled to pension under the 1995 Scheme, affirming the High Court's decision.