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Date: 19-Jun-2023 Category: Extra Ordinary State: Union Government Country: India

Extension of tenure of Whole Time Member in PFRDA

Issued by Ministry of Finance · Department of Financial Services

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Executive Summary & Key Takeaways

What it means

  • The notification extends the tenure of Shri Manoj Anand as Whole-Time Member (Finance) in the Pension Fund Regulatory and Development Authority (PFRDA).

Key Changes

  • Shri Manoj Anand's tenure is extended beyond September 30, 2023.
  • The extension is until he reaches the age of 62 years (April 4, 2025) or until further orders, whichever is earlier.
  • The extension is made by the Central Government in exercise of powers conferred by Section 4 of the Pension Fund Regulatory and Development Authority Act, 2013.

Impact Analysis

Pension Fund Regulatory and Development Authority (PFRDA)

  • The extension allows Shri Manoj Anand to continue contributing his expertise to the PFRDA's objectives.

Central Government

  • This decision reflects the government's confidence in Shri Manoj Anand's capabilities.

Pension Fund Subscribers and Stakeholders

  • Stable leadership could translate to consistent policy implementation and regulatory oversight.

Action Items

  • Ensure compliance with all relevant regulations and guidelines related to the extension of tenure.

Key Entities Referenced

Pension Fund Regulatory and Development Authority (PFRDA): A regulatory body established by the Government of India to promote, develop, and regulate pension schemes in India. Shri Manoj Anand: The Whole-Time Member (Finance) in PFRDA whose tenure has been extended. Central Government: The governing authority of India responsible for making key decisions related to regulatory bodies like PFRDA. Pension Fund Regulatory and Development Authority Act, 2013: The legislation that empowers the Central Government to make decisions regarding the appointment and tenure of members of PFRDA.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-19062023-246655 xxxGIDHxxx CG-DL-E-19062023-246655 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.ं 2573] नई दिल्ली, सोमिार, िनू 19, 2023/ज्य ष्े ठ 29, 1945 No. 2573] NEW DELHI, MONDAY, JUNE 19, 2023/JYAISHTHA 29, 1945 जित्त मत्रं ालय (जित्तीय सेिाएं जिभाग) अजधसचू ना नई दिल्ली, 19 िून , 2023 का.आ. 2686(अ).—पेंिन जनजध जिजनयामक और जिकास प्राजधकरण अजधजनयम, 2013 (2013 का 23) की धारा 4 द्वारा प्रित्त िजियों का प्रयोग करते हुए, केन्‍द रीय सरकार, एतिद्वारा, पेंिन जनजध जिजनयामक और जिकास प्राजधकरण (पीएफआरडीए) में पूणणकाजलक सिस्ट्य (जित्त) के रूप में श्री मनोि आनंि के कायणकाल को दिनांक 30.9.2023 से आग े 62 िर् ण की आयु पूरी होने तक अर्ाणत 4.4.2025 तक अर्िा अगले आििे ों तक, िो भी पहले हो, के जलए बढाती है। [फा. सं. 22/1/2022–पीआर] पंकि िमाण, संयुक्त सजचि MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 19th June, 2023 S.O. 2686(E).—In exercise of powers conferred by Section 4 of the Pension Fund Regulatory and Development Authority Act, 2013 (23 of 2013), the Central Government hereby extends the tenure of Shri Manoj Anand as Whole-Time Member (Finance) in Pension Fund Regulatory and Development Authority (PFRDA) beyond 30.09.2023 till he attains the age of 62 years i.e. 04.04.2025 or until further orders, whichever is earlier. [F. No. 22/1/2022 PR] PANKAJ SHARMA, Jt. Secy. 3883 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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