pension

Delhi High Court has ordered SBI to refund deductions made from a widow's family pension. The court found that an alleged excess payment was due to processing errors by the bank, not any misrepresentation by the pensioner. SBI was also restrained from making further recoveries.

According to a recent government analysis, approximately 15 million Britons are at risk of inadequate retirement savings, a serious concern for long-term financial stability. This trend is particularly noticeable among lower to middle-income earners and the self-employed, many of whom are opting out of pension contributions altogether.

The Orissa High Court has expressed displeasure with the state government for delays in submitting a report on pension benefits for aided educational institution employees. The court has warned of punitive action against committee members if lapses are found and has ordered the state to disclose the committee's progress and members by May 21.

The Allahabad High Court has upheld the legal provisions granting pensions and other benefits to former MLAs and MLCs. The court ruled that such provisions fall within the legislative domain and are not unconstitutional, as they recognize public service rendered. The petition challenging these benefits was dismissed.