Case Law Analysis
|Madhya Pradesh High Court
Pension Regulations 2018 | Employee's NPS Election Irrevocable & Binds Nominee : MP HC Gwalior
Madhya Pradesh High Court rules that an employee's choice under the Pension Regulations 2018-such as opting for the National Pension Scheme (NPS) 1995-is final and binding on the nominee, disqualifying claims under later regulations. The judgment underscores regulatory compliance in pension schemes for bank employees.