https://www.taxtmi.com/caselaws?id=312061 The RBI Pension Regulations, 1990 introduced a wholly new pension scheme in substitution of the earlier contributory provident fund arrangement, so employees who had already retired before 1 January 1986 had no vested right to be brought within its coverage. The classification between pre-1986 retirees and later retirees was upheld because it reflected the model adopted from the Central Government pension scheme, the financial burden of extending the scheme retrospectively, and practical difficulties from unavailable service records. The earlier liberalisation principle was confined to revision of an existing pension scheme and did not control the introduction of a new retiral benefit. The cut-off date was therefore held not to violate Article 14. en-us Tue, 10 Dec 1991 00:00:00 +0530 Tue, 30 Jan 2024 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312061 The RBI Pension Regulations, 1990 introduced a wholly new pension scheme in substitution of the earlier contributory provident fund arrangement, so employees who had already retired before 1 January 1986 had no vested right to be brought within its coverage. The classification between pre-1986 retirees and later retirees was upheld because it reflected the model adopted from the Central Government pension scheme, the financial burden of extending the scheme retrospectively, and practical difficulties from unavailable service records. The earlier liberalisation principle was confined to revision of an existing pension scheme and did not control the introduction of a new retiral benefit. The cut-off date was therefore held not to violate Article 14. Case-Laws Indian Laws Tue, 10 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312061