Manojbhai N.Shah & Ors vs Union Of India & Ors

The Supreme Court addressed the issue of entitlement to revised pay scales for employees who opted for voluntary retirement under the General Insurance Employees Special Voluntary Retirement Scheme, 2004. The Court held that employees who retired under the Scheme are not entitled to the benefits of the pay revision notified on 21st December, 2005, as the benefits were applicable only to those in service as of 1st August, 2002. The Court emphasized that the terms of the Scheme and the subsequent Notification must be interpreted in light of the employees' acceptance of voluntary retirement, thereby affirming the Employers' stance on the matter.