Assistant General Manager State Bank Of ... vs Radhey Shyam Pandey

The Supreme Court addressed the entitlement of employees to pension under the State Bank of India Voluntary Retirement Scheme (VRS) framed in 2000, specifically examining the provisions for employees completing 15 years of service. The Court noted that the scheme was approved by the Government of India and the Indian Bank Association, providing for pension and other benefits. The matter was referred to a larger bench due to conflicting opinions on the admissibility of pension under the VRS, indicating the need for clarification on the legal interpretation of the scheme's provisions.