Home India Ministry of Finance Appointment of Part Time Member in PFRDA....
Date: 12-Dec-2023 Category: Extra Ordinary State: Union Government Country: India

Appointment of Part Time Member in PFRDA.

Issued by Ministry of Finance · Department of Financial Services

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Executive Summary & Key Takeaways

What it means

  • This gazette notification announces the appointment of Smt. Parama Sen (IA&AS), Additional Secretary, Department of Expenditure, as a Part-time Member of the Pension Fund Regulatory and Development Authority (PFRDA).

Key Changes

  • Smt. Parama Sen is appointed as Part-time Member of PFRDA with immediate effect.
  • The appointment is for the duration of her tenure in her present appointment or until further orders, whichever is earlier.
  • The appointment is made by the Central Government in exercise of powers conferred by Section 4 of the PFRDA Act, 2013.

Impact Analysis

Pension Fund Regulatory and Development Authority (PFRDA)

  • Action Item: PFRDA should formally induct Smt. Parama Sen and integrate her into relevant committees and decision-making processes.

Pension Fund Industry

  • Action Item: Pension funds should engage with PFRDA to understand Smt. Parama Sen's priorities and perspectives.

Central Government

  • Action Item: The Department of Financial Services should monitor the performance and contributions of the newly appointed Part-time Member.

Smt. Parama Sen

  • Action Item: Smt. Parama Sen should familiarize herself with the current priorities and challenges facing the PFRDA and the pension industry.

Key Entities Referenced

Pension Fund Regulatory and Development Authority (PFRDA): The regulatory body responsible for promoting and regulating the pension sector in India. Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013: The legislation that establishes and empowers the PFRDA. Department of Financial Services, Ministry of Finance: The government department responsible for overseeing the financial sector, including pension funds. Smt. Parama Sen (IA&AS): The newly appointed Part-time Member of PFRDA, also serving as Additional Secretary, Department of Expenditure.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12122023-250600 CG-DxLx-xEG-I1D2H1x2x2x0 23-250600 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 5086] नई दिल्ली, मगं लिार, दिसम्ब र 12, 2023/अग्रहायण 21, 1945 No. 5086] NEW DELHI, TUESDAY, DECEMBER 12, 2023/AGRAHAYANA 21, 1945 जित्त मत्रं ालय (जित्तीय सेिाएं जिभाग) अजधसचू ना नई दिल्ली, 11 दिसम्बर, 2023 का.आ. 5315(अ).—पेंिन जनजध जिजनयामक और जिकास प्राजधकरण (पीएफआरडीए) अजधजनयम, 2013 की धारा 4 द्वारा प्रित् त िजतियय का प्रयगग करते ुए, केन्‍द रीय सरकार, एतिद्वारा, श्रीमती परमा सेन (आईए एंड एएस), अपर सजचि (कार्ममक), व्यय जिभाग कग तत्काल प्रभाि से मौिूिा जनयुजतिय में उनके काययकाल की अिजध के जलए या अगले आििे तक, िग भी पहले हग, पेंिन जनजध जिजनयामक और जिकास प्राजधकरण में अंिकाजलक सिस्ट्य के रूप में जनयुतिय करती ह।ै [फा. सं. 2/1/2014-पीआर] ए. के. ठाकुर, जनििे क MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 11th December, 2023 S.O. 5315(E).—In exercise of the powers conferred by Section 4 of the Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013, the Central Government hereby appoints Smt. Parama Sen (IA&AS 1994), Additional Secretary (Pers.), Department of Expenditure, as Part-time Member, Pension Fund Regulatory and Development Authority with immediate effect, for the duration of her tenure in her present appointment for a term or until further orders, whichever is earlier. [F.No.2/1/2014-PR] A. K. THAKUR, Director 7710 GI/2023 Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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