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The PFRDA ensures the orderly growth and development of pension market. PFRDA have set up a Trust under the Indian Trusts Act, 1882 to oversee the functions of the Pension Fund Managers (PFMs). The NPS Trust is composed of members representing diverse fields and brings wide range of talent to the regulatory framework.
On 23 August 2003, the Interim Pension Fund Regulatory & Development Authority (PFRDA) was established by the Government of India to oversee pension funds and protect subscribers' interests. The PFRDA Act of 2013 officially confirmed PFRDA as the regulator for the Indian pension sector, effective from 1 February 2014. [31]
Swavalamban Yojana was a government-backed pension scheme targeted at the unorganised sector in India. It was applicable to all citizens in the unorganised sector who joined the National Pension Scheme (NPS) administered by the Pension Fund Regulatory and Development Authority (PFRDA) Act 2013.
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Protean also launched another portal called Vidyasaarathi, which is an education scholarship initiative allowing underprivileged students to receive financial assistance through corporate-funded scholarships. Vidyasaarathi announced its partnership with TATA Housing. In 2018, the company reported 28,000 registered students and nine ...
Two women who worked for disgraced ex-NYPD honcho Jeffrey Maddrey are ensnared in the federal probe of a sex-for-overtime scandal involving another female employee, The Post has learned.
Survivors have opened up about their experiences after the Sea Story tourist boat sank in the Red Sea on Nov. 25, 2024 "I was so ready to die. We didn't think that someone would come," survivor ...
US envoys working to resolve last-minute dispute over Gaza deal, US official says. News. CBS News. What to know about online claims about who owns California's water. Sports. Sports.