Employees who go on VRS are not entitled for Pay Revision implemented retrospectively- says Supreme Court.

Whether the employees who go on VRS are entitled for Pay Revision, implemented retrospectively? Confusions are continued to be created on this issue. We want the employees to take a decision after understanding the positive and negative aspects. We have already updated on our website, a judgement of the Delhi High Court on this issue. Again, on 17.09.2019, the Hon’ble Supreme Court has given a final judgement in the IFCL Ltd., Vs Sanjay Behari and others case (C.A.No.6995/2019), wherein the Hon’ble Court has stated that the VRS is a package by itself and the employees retired under VRS cannot claim any benefit beyond what has been envisaged in the VRS. We enclose herewith a press statement issued by IFCI in this regard.