Sunday, January 12, 2014

Dear friends,
There were queries about the case we won in Supreme Court for those who were pension optees,  opted for SVRS but did not complete 20 years of service, which was the criteria for Voluntary Retirement as per our Pension Scheme. The management denied them the proportionate pension.
We took up this case, filing cases at Chandigarh and Chennai through our members. In Chandigarh we won and the management went to Supreme Court on appeal. Our Madras petition we tagged and the Association fought in Supreme court. The petition of the Companies were dismissed. and we won the case.
The resultant benefit is People who went on Svrs with less than 20 years of service will get a relief as below.
The Svr-optees who complete 15 years of service will get the proportionate pension for their actual service put in. As per the judgement the 5 years notional credit will be given to them ONLY FOR THE PURPOSE OF ELIGIBILITY AND NOT FOR THE PURPOSE OF CALCULATION OF PENSION. and will be paid the proportionate pension for their actual service.

Please contact your friends in the industry who comes under these guideline and ask them to approach the Association for relief, as we have decided to approach the management with the list of SVRS optees who comes under this category.

I feel this will clear all doubts about this case.

Another Good development is that our main case is now listed under Hon'ble Justice Gokhala's Bench consist of Shri. Misra, on 15th as second case for the day. Association is taking all steps to get the case heard on the day. I appeal to all the members to pray for the good.

with regards
nagarajan
NISVREA 

34 comments:

Kamalakannan S said...
This comment has been removed by the author.
Kamalakannan S said...

HAPPY NEWS - PONGAL GIFT

S.Kamalakannan,OIC,THiruvallur

Kamalakannan S said...

HAPPY NEWS - PONGAL GIFT

pkgarg,united,shimla said...

Thanks for your detailed information.
Pl. keep it up. we are sure with the grace of GOD we will also win in our main case.

V Nagaraja said...

Very good job done for the needy persons. I will b benfted by this as I am pension optee compltd 15yrs 11mnths and 9 days.

NAGARAJA V said...

nagrajkas1953@gmail.com

NAGARAJA V said...

nagrajkas1953@gmail.com

pkgarg,united,shimla said...

our main case now stand listed on 22nd jan as ist item.let us pray to GOd for HIS blessings.

sampath A said...

73 slabs of DA for retires wef feb14

Anonymous said...

As informed by Kamalakannan Sivaprakasam our case is listed in the cause list on 4th February 2014 !!!! New Bench is headed by Hon'ble Justice A R Dave & Justice Jagdish Singh Kehar. It's listed at serial number 4 as of now !!!! First two cases are part-heard cases and third case is a group matter involving State Govt., Odisha !!!! Bleak chance of being heard on 4th February 2014. However, I shall keep posted of latest developments including change of seniority of the case !

Rajesh Kumar Agrawal
Lucknow

Anonymous said...

Our case is listed tomorrow the 5th February 2014 at serial no 3. Let us hope for the best
Rajesh Kumar Agrawal
Lucknow

Anonymous said...

Any news about the case???

Anonymous said...

Any update

Anonymous said...

Case could not be taken up today !!!

Rajesh Kumar Agrwal
Lucknow

Anonymous said...

Wen is d nxt date??? Plz update

Anonymous said...

Wen is d nxt date??? Plz update

Anonymous said...

Wen is d nxt date??? Plz update

Anonymous said...

Our Case is listed before the Bench consisting of Hon'ble Justice A R Dave and Justice Jagdish Singh Khehar for the week commencing 11th February 2014 !!!! It's listed at serial No.2 However, Case listed at serial No.1 is a Civil Appeal group matter involving State of Odisha and again it may be a time taking case where hearing may extend overnight also !!! However, we have a better chance of our case getting started subject to.......usual....issues Please keep a faith in our colleagues who are involved in contesting the matter on our behalf and Supreme Court where no doubt full time will be allowed to plead the matter to our lawyers' satisfaction ! Shall keep posted further developments !

Rajesh Kumar Agrawal
Lucknow

pkgarg,united,shimla said...

Thanks for the update Mr Rajesh kumar aggarwal. we have full faith in our team.God will do justice.

Anonymous said...

I had retired from new india assurance under SVRS after completing 16 years and 7 months service. It is a happy news for me also that Supreme court has given a judgement in our favour on 10.1.2014. Will someone tell me upto when I can expect payment of pension.

Anonymous said...

I had retired from new india assurance under SVRS after completing 16 years and 7 months service. It is a happy news for me also that Supreme court has given a judgement in our favour on 10.1.2014. Will someone tell me upto when I can expect payment of pension.I have written to management of New india but they are not replying.

Anonymous said...

BREAKING NEWS

SVRS Optees Case

Our Case is listed tomorrow the 12th February 2014 before a Bench consisting of Hon'ble Justice A R Dave & Justice Shiv Kirti Singh. It's listed at serial No.2 and top of the list is a Group matter involving State of Odisha. It looks a little difficult that our turn will come tomorrow as normally Group matters consume good time for pleading and arguments. However, let us hope that we are nearer to door where hearing of the Case gets started. Now is the time for prayers !

Rajesh Kumar Agrawal
Lucknow

Anonymous said...

B R E A K I N G N E W S

SVRS OPTEES' CASE

At last some good news

Finally our Case is listed tomorrow the 13th February 2014 at SERIAL No.1 before a Bench consisting of Hon'ble Justice A R Dave & Justice Pinaki Chandra Ghose !!!

In the normal Course hearing should start tomorrow itself and should continue throughout the day keeping in view the volumnous pleadings and arguments prepared by our Senior Counsel !!! Now again the turn of Prayers !!!!

Rajesh Kumar Agrawal
Lucknow

RavindraKondebettu said...

Thanx for update. Jai Shri Ram. O god Kindly bless us & favor us with sweet fruits for waiting & fighting for a decade for our legitimate rights.

RavindraKondebettu said...

Thanx for update. Jai Shri Ram. O god Kindly bless us & favor us with sweet fruits for waiting & fighting for a decade for our legitimate rights.

Anonymous said...

Had a talk and given to understand that matter stands adjourned for next week as today time was too short in view of some retirement/swearing in etc of SC judge. !!!! Let us hope that it gets taken up next week. Incidentally, as per my hunch and calculation it will be taken up on 19th/20th February 2014 ! Let us see whether my hunch-cum-calculation is bang on right

Rajesh Kumar Agrawal
Lucknow

Anonymous said...

Any updates regarding the case? Plz inform

Anonymous said...

Please inform the date fix for hearing.

pkgarg,united,shimla said...

our case is listed on 20/02/2014.we can only pray,so just do it.let us hope that our case is heard.

Anonymous said...

BREAKING GOOD NEWS

SVRS OPTEES' CASE

At last the long awaited news is here !!!! All have endlessly been waiting for hearing to start in the Case. It seems the hearing has started at 10.55 AM before the Bench consisting of Hon'ble Justice A R Dave & Justice Shiva Kirti Singh. My hunch has proved right as I was expecting the hearing to start on 20th !!!! I hope the hearing should continue through-out the day !!! Shall keep posted further developments as and when available !!! Now is the time for prayers !

Rajesh Kumar Agrawal
Lucknow

Anonymous said...

BREAKING NEWS

S V R S Optees Case

As expected, hearing in our Case started at 10.55 AM before the designated Bench !!! Case was heard uninterrupted for more than five hours till the rising of the Court !!!! As the matter is being heard akin to first stage Court, detailed hearing will be done. It's expected that the hearing/arguments will continue next week also. Please wait for the next date as per Court's Order !!!! Next date is most likely to be 26th or 27th February 2014.

Rajesh Kumar Agrawal
Lucknow

Anonymous said...

Thank you sir for keeping us updated

pkgarg,united,shimla said...

next date of listing is 26/02/2014.let us pray to GOd for HIS blessings.

Anonymous said...

A.K. Chaudhry,Dehradun said...
I had taken SVRS from New India assurance and was a pension opted employee. at that time my service was 16 years and 7 months.I was refused pension on the ground that my service was less than 20 years. After supreme court judgment of 10.1.2014 the eligibility for pension is 10 years. I have written to New India management after that so many times for payment of my pension but they are not replying.Please help.arvindkumarchaudhry@yahoo.com