PFRDA seeks public feedback on draft pension reforms, aiming for clearer wealth tracking and stable long-term returns under NPS and APY
Existing NPS accounts moved to UTI Pension Fund; subscribers can switch managers online
PFRDA Chairman S Ramann says the regulator aims to extend pension coverage through FPOs, self-help groups and fintech tie-ups, and may allow gold and silver investments
The Pension Sakhi model, inspired by bima sakhis, is a very important initiative, said PFRDA Chairman
Recently the central government extended the deadline for eligible employees, past retirees, and legally wedded spouses of deceased retirees to exercise their option to join the UPS till 30 November
The regulator is considering allowing pension funds to invest in gold and silver exchange-traded funds, venture capital funds, private credit, and alternative investment funds (AIFs), S. Ramann said
PFRDA chairman S Ramann said discussions with Sebi are underway to allow pension funds to trade in select commodity derivatives, with metals likely to be prioritised
PFRDA Chairman Sivasubramanian Ramann says infra firms depend on banks as bond markets avoid long-tenor, lower-rated debt, urging innovative frameworks and stronger ESG focus
Infrastructure is a core component of Prime Minister Narendra Modi's economic goals, driving the administration to look for ways to incentivize investment and close a large funding gap
PFRDA has proposed amendments to NPS exit and withdrawal rules, including redefining exit, higher lump sum limits, revised partial withdrawals and financial assistance options
Government gives NPS subscribers who joined after April 2025 till Sept 30 to switch to UPS, offering a chance to choose between assured pension and market-linked returns
: PFRDA updates CRA fees for NPS, UPS, APY and NPS-Vatsalya from October 1; Check how PRAN opening and annual maintenance charges will impact your pension savings.
PFRDA Chairperson S Ramann called on banks, particularly private lenders, to step up efforts, improve persistency, and enhance financial literacy for broader pension coverage
Portal simplifies navigation and improves search function for locating circulars and schemes
Retirement fund managers in India have asked the Pension Fund Regulatory and Development Authority to ease the cap on the purchase of corporate bonds with a maturity period of less than three years
Former SIDBI chairman brings decades of experience in finance and regulation as he assumes charge of pension regulator PFRDA for a five-year term or until age 65
Ramann, who is currently serving as the deputy comptroller and auditor general (CAG) and chief technology officer at the CAG of India, has been appointed for a tenure of five years
The government has appointed Deputy CAG S Ramann as Chairperson of pension fund regulator PFRDA. Ramann would replace incumbent Deepak Mohanty whose term comes to an end in May 2025. The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sivasubramanian Ramann, Deputy Comptroller & Auditor General, to the post of chairperson, Pension Fund Regulatory and Development Authority (PFRDA), a government notification dated April 1 said. The ACC has approved his appointment for a tenure of five years or till he attains age of 65 years, it said. Ramann, presently serving as Deputy CAG, belongs to 1991 batch of Indian Audit & Accounts Service (IA&AS). He has also served as Chairman & Managing Director, Small Industries Development Bank of India (SIDBI), for 3 years between 2021 and 2024. Before joining SIDBI, he was MD & CEO of National E-Governance Services Limited (NeSL). Prior to joining NeSL, Ramann was the Principal Accountant General (Audit), ...
Enrolment and claim forms for all these categories of central government employees will be available online from April 1 on website of Protean CRA
The enrolment and claim forms for all these categories of central government employees will be available online on the Protean CRA website from April 1, 2025