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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.
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
Pension: PFRDA – Pension Fund Regulatory & Development Authority: 2003: Company- related matters: Registrar of Companies: 1956 Competition Commission of India: 2003 Power sector: Central Electricity Regulatory Commission: 24-Jul-1998: Pension sector: Pension Fund Regulatory and Development Authority: 10-Oct-2003: Warehouses
India operates a complex pension system. There are however three major pillars to the Indian pension system: the solidarity social assistance called the National Social Assistance Programme (NSAP) for the elderly poor, the civil servants pension (now open for all) and the mandatory defined contribution pension programs run by the Employees' Provident Fund Organisation of India for private ...
Pension Fund Regulatory and Development Authority (PFRDA) National Financial Reporting Authority (NFRA) Financial Stability and Development Council (FSDC) Financial Intelligence Unit-India (FIU-IND) Serious Fraud Investigation Office (SFIO) Indonesia: Bank Indonesia (BI) ; Financial Services Authority (OJK) ; Deposit Insurance Agency (LPS) Iran
He holds the post of Chairperson of India’s pension regulator, Pension Fund Regulatory and Development Authority(PFRDA) from March 2023 till May 2025. [1] [2] He was Chief Economic Advisor, Federation of Indian Chambers of Commerce and Industry (FICCI) and was an independent Director on a few companies’ Boards. [3]
MEXICO CITY (Reuters) -Mexico is seeking an agreement with U.S. President-elect Donald Trump to ensure Mexico does not receive deportees from third countries in case of large-scale deportations ...
It also administers various welfare schemes for central government pensioners, i.e., redressal for Pensioners' grievances through CPENGRAM, an online pension sanction module for civil pensioners "Bhavishya", Sankalp, etc., under the umbrella of Pensioners' Portal.