The Pension Fund Regulatory and Development Authority (PFRDA) is the regulatory body for the overall supervision and regulation of pensions in India, established on August 23, 2003 under the Ministry of Finance following recommendations of the government's OASIS report on old age income security. Headquartered in New Delhi, it supervises and regulates India's pension sector, including the National Pension System, promotes development of the pension market, and oversees Pension Fund Managers through the NPS Trust, regulating pensions for central and state government employees, private-sector workers and voluntary participants from India's unorganized sector.
Facts
Founding Year Founding Date Headquarters Geography
Country or Jurisdiction ServedWikidata Q15707310, property P17 (country). Classification
Institution Subtype In the Other Atlases
- Also in Geography Atlas: India, located there.
Sources
1. About Authority, PFRDA
About Authority section, opening paragraph
The Interim Pension Fund Regulatory and Development Authority (PFRDA) was established by the Government of India on 23rd August 2003
Head Office address block
E-500, Tower E, 5th Floor, World Trade Centre, Nauroji Nagar, New Delhi - 110029
Introduction, institution-subtype
The Pension Fund Regulatory and Development Authority (PFRDA) is the regulatory body for the overall supervision and regulation of pensions in India, established on August 23, 2003 under the Ministry of Finance following recommendations of the government's OASIS report on old age income security.
View the Source2. Wikidata
Wikimedia Foundation
3. History of PFRDA, PFRDA
History timeline, 2003 entryQuote, History timeline, 2003 entry
10th October 2003: The interim PFRDA has been established for the regulation and administration of the new pension system.
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.