Legal Question in Employment Law in India

sirs, i have worked for thirty two years in state bank of india and presently suffering from a blood related disease . i am on medical leave since last twelve months and going to apply for voluntary retirement in two -three months. shall i be eligible for "pension" if yes, then at what rate?


Asked on 8/23/12, 1:48 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

23.08.2012

Dear Sir,

As a confirmed employee of State Bank of India having worked for thirty two years, you are certainly eligible for pension as per the provisions of the Banking Services Rules & Regulations, even though you opt for voluntary retirement on medical grounds.

The pension per month will be fixed on the prevailing applicable rules and workings taking into consideration your final basic salary and number of years service, information of which the Branch Manager of your branch will be able to provide you with.

Regards,

FCA Prashant Chavan

(You can also mail me for any further on-line advice at [email protected])

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Answered on 8/23/12, 4:49 am


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