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Civil · Reportable judgment

K.G. Seshadri vs The Trustees of State Bank of India and Another

Court
Supreme Court of India
Date
8 April 2026
Case No.
Civil Appeal No. 4279 of 2026
Result
Dismissed
Bench
Prashant Kumar Mishra
Citation
[2026] 4 S.C.R. 433 : 2026 INSC 333
Acts & Sections
State Bank of India Employees’ Pension Fund… Industrial Disputes Act, 1947
Supreme Court Reports [2026] 4 S.C.R. 433 : 2026 INSC 333
Issue for consideration
Whether the appellant is entitled for pensionary benefits keeping in view the State Bank of India Employees’ Pension Fund Rules, 1955.
Headnote

State Bank of India Employees’ Pension Fund Rules, 1955 – rr.22(i)(c), 22(i)(a), 20, 7 – Appellant primarily placed reliance upon r.22(i)(c) to claim entitlement to pensionary benefits, whereas the respondent(s) contended by placing reliance on r.22(i)(a), that the appellant does not fulfil the conditions prescribed therein and is, therefore, not entitled to pension – Whether the appellant is entitled for pensionary benefits under the Pension Fund Rules:

Held: No – Appellant is not eligible for pension under the Pension Fund Rules considering that he has not completed 20 years of service nor had attained the age of 50 years, hence, making him ineligible u/r.22(i)(a) – Appellant’s case cannot be said to fall u/r.22(i)(c) either since he was never granted VRS, instead his services were declared to have been voluntary abandoned – Appellant’s case does not fall in either of the aforesaid Rules – Appeal dismissed – Industrial Disputes Act, 1947. [Para 32]

Keywords: Rule 22(i)(c), State Bank of India Employees’ Pension Fund Rules, 1955 · Rule 22(i)(a), State Bank of India Employees’ Pension Fund Rules, 1955 · Not eligible for pension under the Pension Fund Rules · 20 years of service not completed · Age of 50 years not attained · Case not of voluntary retirement · Voluntary abandonment of services · VRS not granted · Services were voluntarily abandoned · Voluntarily abandoned services · Total period of service rendered

As published in the Supreme Court Reports, Supreme Court of India. Headnotes prepared by: Divya Pandey. Text from the Indian Supreme Court Judgments open data set (Dattam Labs), CC BY 4.0.

Full Judgment Text

Judgment Prashant Kumar Mishra, J. 1. Leave granted. 2. This Appeal is directed against the impugned judgment and order dated 27.04.2022 passed by the High Court of Judicature at Madras in W.A No.1065 of 2022, whereby the Division Bench of the High Court dismissed the appeal filed by the appellant and upheld the order passed by the learned Single Judge of the High Court. FACTUAL MATRIX 3. The appellant was appointed as a Clerk in the respondent-Bank and the same was confirmed after the probation period of six months i.e., from 17.02.1979 till 12.12.1998. The appellant ceased to be in the j
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