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PFRDA (Employees’ Service) (Amendment) Regulations, 2020

Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2020

pension fund regulatory and development authority employees services regulations e1588526698914

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY

NOTIFICATION
New Delhi, the 28th April, 2020

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY (EMPLOYEES’ SERVICE) (AMENDMENT) REGULATIONS, 2020

F. No. PFRDA/12/RGL/139/11 – In exercise of the powers conferred by sub–section (2) of section 11 read with sub–clause (b) of sub–section (2) of section 52 of the Pension Fund Regulatory and Development Authority Act, 2013 (Act no. 23 of 2013), the Pension Fund Regulatory and Development Authority hereby makes the following regulations to amend the Pension Fund Regulatory and Development Authority (Employees‘ Service) Regulations, 2015, namely,: –

1. These regulations maybe called the Pension Fund Regulatory and Development Authority (Employees‘ Service) (Amendment) Regulations, 2020.

2. These regulations shall come into force on the date of their publication in the Official Gazette.

3. In the Pension Fund Regulatory and Development Authority (Employees‘ Service) Regulations, 2015:-

In regulation 6, in the schedule of clause (b) of sub-regulation (4), –

(a) In column 3 of row 3, for qualification for Grade D, E and F, the existing educational qualification requirements shall be substituted with the following clauses, namely,:-

“Master‘s Degree in any discipline, Bachelor‘s Degree in Law, Bachelor‘s Degree in Engineering from a recognised university, CA, CFA, CS, CWA for officers in the General Stream.

Bachelor‘s Degree in Law from a recognised University/Institute for officers in the Legal Stream.

Master‘s Degree in Statistics / Economics / Commerce / Business Administration (Finance) / Econometrics for officers in the Research Stream.

Bachelor‘s Degree in Engineering (electrical/ electronics/ 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 for officers in Technical Stream.”

(b) In column 3 of row 4, maximum age for recruitment of officers in Grade “A” the existing figure “27” shall be substituted with the figure “30”.

SUPRATIM BANDYOPADHYAY, Chairperson
[ADVT.-III/4/Exty./19/2020-21]

Footnote :

1. The Principal Regulations, The Pension Fund Regulatory and Development Authority (Employees‘ Service) Regulations, 2015 were published in the Gazette of India on 14th May, 2015 vide no. PFRDA/12/RGL/139/11.

2. The Pension Fund Regulatory and Development Authority (Employees‘ Service) (First Amendment) Regulations, 2018 were published in the Gazette of India on 31st October, 2018 vide no. PFRDA/12/RGL/139/11.

Read / Download PFRDA (Employees’ Service) (Amendment) Regulations, 2020

Also check the following links related to this topic:

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PFRDA – Exits and Withdrawals under the NPS (First Amendment) Regulations, 2017

PFRDA proposed the Govt to increase the income tax exemption limit under NPS

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