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Spouses Loquellano vs. Hongkong and Shanghai Banking Corporation

SPOUSES GILDARDO C. LOQUELLANO AND ROSALINA JULIET B. LOQUELLANO, PETITIONERS, VS. HONGKONG AND SHANGHAI BANKING CORPORATION, LTD., HONGKONG AND SHANGHAI BANKING CORPORATION-STAFF RETIREMENT PLAN AND MANUEL ESTACION, RESPONDENTS.

G.R. No. 200553 | 2018-12-10

D E C I S I O N
 
PERALTA, J.:
 
Assailed in this petition for review on certiorari are the Decision[1] dated August 11, 2011 and the Resolution[2] dated February 1, 2012 of the Court of Appeals in CA-GR. CV No. 86805.

Petitioner Rosalina Juliet Loquellano used to be a regular employee in the Financial Central Department of respondent Hongkong and Shanghai Banking Corporation, Ltd. (respondent bank). As such, she became an automatic member of respondent Hongkong and Shanghai Banking Corporation - Staff Retirement Plan (HSBC-SRP) that provides retirement, disability and loan benefits to the bank's employees. In...