Friends,
The Supreme Court, in its order dated 28.9.2016 (copy attached), has held that only the persons specified in the Pension Scheme are entitled to receive pension, and no one else. Even the employee himself cannot dispose of the pension in his will. Pension is not considered his property, and as a result, not all legal heirs are entitled to a share of the pension under the Hindu Succession Act.
Thanks
From India, Malappuram
Acknowledge(1)
Amend(0)
1446The Supreme Court, in its order dated 28.9.2016 (copy attached), has held that only the persons specified in the Pension Scheme are entitled to receive pension, and no one else. Even the employee himself cannot dispose of the pension in his will. Pension is not considered his property, and as a result, not all legal heirs are entitled to a share of the pension under the Hindu Succession Act.
Thanks
From India, Malappuram
Acknowledge(1)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Employee Pension Scheme, 1995.doc
Form10C.PDF for Employee Pension Scheme 1995.PDF