Pension Fund Regulatory and Development Authority
Name of The Post:
PFRDA invites applications from Indian citizens for filling up the posts of Officer Grade ‘A’ (Assistant Manager) for the General, Actuarial, Finance & Accounts, Information Technology, Official Language(Rajbhasha), Research (Economics) and Research (Statistics) Streams. PFRDA reserves the right to increase or decrease, fill up or not to fill up the posts or terminate this process at any stage and accordingly, the applicants shall have no right to participate further in the selection process.
Number of the posts:
General : 05
Actuarial : 02
Finance &Accounts : 02
Information Technology : 02
Official Language(Rajbhasha) : 01
Research(Economics) : 01
Research(Statistics) : 01
The pay scale of Officers in Grade ‘A’ is Rs.28150-1550(4)-34350-1750(7)-46600- EB1750(4)-53600- 2000(1)-55600 (17 years).
A candidate must not have exceeded the age of thirty (30) years as on July 31, 2021 i.e., candidate must have been born on or after August 01, 1991.
General : Master’s Degree in any discipline, Bachelor’s Degree in Law, Bachelor’s Degree in Engineering from a recognized University, CA, CFA, CS, CWA.
Actuarial : Graduation from a recognized University / Institute AND Pass or exemption in all Seven (07) ‘Core Principles’ subjects of the Institute of Actuaries of lndia (lAl) Examination.
Finance &Accounts : Graduation from a recognized university AND Associate Chartered Accountant (ACA) or Fellow Chartered Accountant (FCA) from ICAI (Institute of Chartered Accountants of India)/ Associate Cost and Management Accountant(ACMA) [erstwhile Associate of Institute of Cost & Works Accountant of India (AICWA)] or Fellow Cost and Management Accountant (FCMA) [erstwhile Fellow of Institute of Cost & Works Accountant of India (FICWA)] from Institute of Cost Accountants of India (ICMAI) [erstwhile Institute of Cost &Works Accountants of India(ICWAI)] / Associate Company Secretary (ACS) or Fellow Company Secretary (FCS) from Institute of Company Secretaries of India (ICSI) /Chartered Financial Analyst (CFA) from CFA Institute.
Information Technology : Bachelor’s Degree in Engineering (electrical /electronics and communication /information technology /computer science) / Masters in Computer Application /Bachelor’s Degree in any discipline with a post graduate qualification (minimum 2 years duration) in computers /information technology.
Official Language(Rajbhasha) : Master’s Degree in Hindi with English as one of the subjects at Bachelor’s Degree level or Master’s Degree in Sanskrit/ English/ Economics/ Commerce with Hindi as a subject at Bachelor’s Degree level from a recognized University / Institute.
Research(Economics) : Master’s Degree in Economics /Econometrics.
Research(Statistics) : Master’s Degree in Statistics.
About Organization :
The Pension Fund Regulatory & Development Authority Act was passed on 19th September, 2013 and the same was notified on 1st February, 2014. PFRDA is regulating NPS, subscribed by employees of Govt. of India, State Governments and by employees of private institutions/organizations & unorganized sectors. The PFRDA is ensuring the orderly growth and development of pension market. The Government of India had, in the year 1999, commissioned a national project titled “OASIS” (an acronym for old age social & income security) to examine policy related to old age income security in India. Based on the recommendations of the OASIS report, Government of India introduced a new Defined Contribution Pension System for the new entrants to Central/State Government service, except to Armed Forces, replacing the existing system of Defined Benefit Pension System. On 23rd August, 2003, Interim Pension Fund Regulatory & Development Authority (PFRDA) was established through a resolution by the Government of India to promote, develop and regulate pension sector in India. The contributory pension system was notified by the Government of India on 22nd December, 2003, now named the National Pension System (NPS) with effect from the 1st January, 2004. The NPS was subsequently extended to all citizens of the country w.e.f. 1st May, 2009 including self employed professionals and others in the unorganized sector on a voluntary basis.
For more information about Job please go through the official notification
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