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STATE BANK OF PAKISTAN THROUGH GOVERNOR versus IMTIAZ ALI KHAN


Regulation 19 State Bank of Pakistan Officers (Pension Cum Gratuity) Regulations, 1980, Regulations 2 (i) and 4 State Bank of Pakistan Act (XXXII of 1956), section 54 (1) [as amended by the State Bank of Pakistan (Amendment) Act ( The Constitution of Pakistan, Arts 185 (3) and the 199 voluntary Golden Handshake Scheme, 1997, were introduced in Circular No. 9 on 23 23 1997 for the purpose of improving its composition and performance. ? Under the present rules, paying the retirement benefits available to them to their additional employees by offering voluntary remuneration up to 22 employees 1997 as compensation for other common benefits as well as complete and final settlement by the bank in various levels. An option of 1400 employees has been accepted. After six years of pension benefits claim by some employees before the Compensation Appeal Service Tribunal that their use of such an option was terminated and they appeared before the retired tribunal. The petition was directed by the High Court to appear before a competent forum constitutional petition filed by the petitioner, requesting him to pay the total pension costs irrespective of such scheme bank's request. To do Applicants had chosen to voluntarily leave the bank on such approval. The scheme was not entitled to a pension, which was payable to an employee after ten years or more of service, such scheme was voluntary and the employees were not imposed and no one was forced. Or did not have to choose any applicants under pressure, pressure or coercion. Consider such a scheme

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