The Pension Fund Regulatory and Development Authority (PFRDA) is inviting applications for the prestigious positions of Chairman, Whole-time Member (Finance), and Whole-time Member (Law). These roles offer an opportunity to contribute to the governance and development of India’s pension sector. Last date to apply is 30 December 2024.
Position: Chairman
- Tenure: 5 years or until 65 years of age, whichever is earlier.
- Salary: ₹5.62 lakh per month (consolidated, no housing or vehicle provided).
Eligibility:
- Minimum of 2 years residual service as of the application deadline.
- Must have served as:
- A Secretary/Additional Secretary in the Government of India or an equivalent role in a State Government for at least 3 years.
- A Public Sector Official at one level below the board for at least 3 years.
- An Executive Director or equivalent in a regulatory body for at least 3 years.
- A senior private sector professional (CEO, CFO, COO, or equivalent) or an individual from academia.
Positions: Whole-time Member (Finance) and Whole-time Member (Law)
- Tenure: Up to 62 years of age.
- Responsibilities: Senior oversight of financial or legal matters within PFRDA.
About PFRDA
The Pension Fund Regulatory and Development Authority (PFRDA) oversees the National Pension System (NPS), catering to government employees and private sector workers, including those from unorganized sectors. The authority consists of a chairperson and up to six members, including at least three whole-time members.
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