ISSAC T.M. vs THE IDUKKI DISTRICT COOPERATIVE BANK LTD.

The Supreme Court upheld the High Court's decision affirming the dismissal of a writ petition concerning the eligibility for pension under the State Co-operative Bank and District Co-operative Bank Employees Self Financing Pension Scheme. The court analyzed the provisions of the pension scheme and determined that the appellant, having retired before the scheme's implementation, was not entitled to the pension benefits. The judgment clarified the eligibility criteria outlined in the scheme and reinforced the principle that pension rights are governed by the specific terms of the scheme.