Pension Fund Regulatory and Development Authority
E633193
The Pension Fund Regulatory and Development Authority (PFRDA) is India’s statutory body responsible for regulating, promoting, and overseeing the country’s pension sector, including the National Pension System.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
financial regulatory authority
ⓘ
pension regulator ⓘ statutory body ⓘ |
| abbreviation | PFRDA NERFINISHED ⓘ |
| boardComposition |
Chairperson
ⓘ
part-time members ⓘ whole-time members ⓘ |
| country | India ⓘ |
| establishedBy | Pension Fund Regulatory and Development Authority Act, 2013 NERFINISHED ⓘ |
| governingBody | Board of PFRDA NERFINISHED ⓘ |
| headquartersCountry | India NERFINISHED ⓘ |
| headquartersLocation |
New Delhi, India
ⓘ
surface form:
New Delhi
|
| jurisdiction | Republic of India NERFINISHED ⓘ |
| keySchemeOverseen |
Atal Pension Yojana
NERFINISHED
ⓘ
National Pension System NERFINISHED ⓘ |
| legalStatus | statutory authority ⓘ |
| mandateSource | PFRDA Act, 2013 and rules and regulations made thereunder ⓘ |
| objective |
to ensure orderly growth of the pension sector
ⓘ
to promote old age income security by establishing, developing and regulating pension funds ⓘ to protect the interests of subscribers to pension schemes ⓘ |
| parentDepartment | Department of Financial Services, Ministry of Finance, Government of India NERFINISHED ⓘ |
| power |
to grant registration to pension intermediaries
ⓘ
to impose penalties for violations of its regulations ⓘ to inspect and audit regulated entities ⓘ to issue regulations for pension schemes under its purview ⓘ |
| regulates |
NPS Trust
NERFINISHED
ⓘ
National Pension System NERFINISHED ⓘ central recordkeeping agencies under NPS ⓘ custodians under NPS ⓘ pension fund managers under NPS ⓘ points of presence under NPS ⓘ trustees of pension schemes under its purview ⓘ |
| reportsTo | Ministry of Finance, Government of India NERFINISHED ⓘ |
| responsibility |
development of pension sector in India
ⓘ
promotion of old age income security ⓘ protection of pension subscribers’ interests ⓘ regulation of pension markets in India ⓘ |
| sectorRegulated |
pension sector
ⓘ
retirement savings ⓘ |
| shortName | PFRDA NERFINISHED ⓘ |
| supervises |
Atal Pension Yojana administration framework
ⓘ
National Pension System for government employees (except armed forces) NERFINISHED ⓘ National Pension System for private sector subscribers NERFINISHED ⓘ |
| website | https://www.pfrda.org.in ⓘ |
| worksWith |
Government of India
NERFINISHED
ⓘ
financial sector regulators in India ⓘ state governments in India ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.