Calcutta HC Allows Review Petition Filed By IIM Calcutta Faculty; Confirms Automatic Inclusion Into New Pension Scheme As Per 1987 Memorandum

The Calcutta High Court allowed a review petition filed by IIM Calcutta faculty and confirmed their automatic inclusion in the new pension scheme as per the 1987 memorandum. The Court's decision highlights the need for institutions to adhere to agreements and ensures that faculty members are not denied benefits they are entitled to under pension schemes, reinforcing employees' rights in educational institutions.