Who is the chairman of Pension Fund Regulatory and Development Authority of India?
Who is the chairman of Pension Fund Regulatory and Development Authority of India?
PFRDA Chairman Supratim Bandyopadhyay said that even during the pandemic, there has been a steady growth of subscribers and the contributions have been stable.
Who is the chairman of pension fund?
Supratim Bandyopadhyay
The PFRDA is ensuring the orderly growth and development of pension market….Pension Fund Regulatory and Development Authority.
| Type | Regulatory body |
|---|---|
| Headquarters | New Delhi, India |
| Key people | Supratim Bandyopadhyay, IAS Chairman |
| Owner | Ministry of Finance , Government of India |
| Number of employees | 61 |
Who has pension regulatory authority?
The Employee Benefits Security Administration of the Department of Labor is responsible for administering and enforcing the provisions of Employee Retirement Income Security Act. ERISA covers most private sector pension plans.
Who is the regulator of pension sector in India?
On 23rd August, 2003, Interim Pension Fund Regulatory & Development Authority (PFRDA) was established through a resolution by the Government of India to promote, develop and regulate pension sector in India.
Who is the chairman of IRDA?
Debasish PandaInsurance Regulatory and Development Authority / Chairperson
Who is the guardian of PFRDA?
The President
The President was the guardian of PFRDA till Financial Year (FY) 2014-15 and it has become fully autonomous and functions independently from FY 2014-15.
Who is Supratim Bandyopadhyay?
Supratim Bandyopadhyay, Chairperson, Pension Fund Regulatory and Development Authority (PFRDA)
What is regulated by the pension funds regulatory and Development Authority?
PFRDA – Pension Fund Regulatory & Development Authority. Pension Fund Regulatory and Development Authority was instated in the year 2003. The body was set up with an aim to promote, regulate and develop the pension sector in the country.
Who regulates pension funds in Singapore?
It is administered by the Central Provident Fund Board, a statutory board operating under the Ministry of Manpower which is responsible for investing contributions. The Global Pension Index, an index that assesses retirement income systems, placed Singapore as the best within in Asia and 7th worldwide in 2020.
Who regulates the Pension Protection Fund?
The Pension Protection Fund is governed by the Pensions Act 2004 and regulations made under that Act, as amended from time to time.
Which funds is regulated by the Pension Fund Regulatory and Development Authority?
PFRDA administers and regulates the National Pension System (NPS) and also administers Atal Pension Yojana.
Is regulated by the pension funds regulatory and Development Authority?
The Pension Fund Regulatory & Development Authority Act was passed on 19th September, 2013 and the same was notified on 1st February, 2014. PFRDA is regulating NPS, subscribed by employees of Govt. of India, State Governments and by employees of private institutions/organizations & unorganized sectors.
