Executive Summary:
This notification announces the reconstitution of the Pension Advisory Committee by the Pension Fund Regulatory and Development Authority (PFRDA), effective from September 16, 2020. This action is taken under the authority of the PFRDA Act of 2013 and the Pension Advisory Committee Meetings Regulations of 2015. The notification lists the members of the newly formed committee.
Key Points / Main Content:
Reconstitution of Pension Advisory Committee:
* The Pension Advisory Committee has been reconstituted.
* The reconstitution is effective from September 16, 2020.
* This action is authorized by subsection 1 of section 45 of the PFRDA Act, 2013, and sub-regulation 4 of regulation 6 of the PFRDA Pension Advisory Committee Meetings Regulations, 2015.
* The previous committee was constituted via Gazette Notification dated December 24, 2018.
Committee Membership:
* The committee includes representatives from various organizations, including:
* State Bank of India
* NSDL e-Governance Infrastructure Ltd
* Axis Bank
* Department of Expenditure, Ministry of Finance
* UTI Retirement Solutions Ltd
* HDFC Pension Management Company Ltd
* Stock Holding Corporation of India Ltd
* Life Insurance Corporation of India
* NPS Trust
* National Institute of Bank Management, Pune
* National Institute of Public Finance and Policy (NIPFP)
* Towers Watson, Gurgaon
* Institute of Actuaries of India
* Fixed Income Money Market and Derivatives Association of India
* Department of Personnel Training
* Department of Posts
* Minda Industries Ltd./CII
* Indian Banks Association
* Department of Finance, Bhopal, Government of Madhya Pradesh
* Defence Finance/Ministry of Defence
* Border Security Force/Ministry of Home Affairs
* Finance Establishment (FE) Directorate/Ministry of Railways
* The Chairperson and Members of the Authority are ex-officio Chairperson and members of the Pension Advisory Committee.
Impact Analysis:
Pension Fund Regulatory and Development Authority (PFRDA):
* Impact: Responsible for implementing the reconstitution of the Pension Advisory Committee.
* Action Required: Ensure the newly formed committee is informed and operational.
Pension Advisory Committee Members:
* Impact: Expected to participate in the committee's activities and provide advice.
* Action Required: Attend meetings and contribute to discussions.
Organizations Represented on the Committee:
* Impact: Their expertise and perspectives will be considered in the committee's deliberations.
* Action Required: Support their representatives on the committee.
General Public/Pension Beneficiaries:
* Impact: Indirectly affected through the advice and recommendations of the committee, which may impact pension policies and regulations.
* Action Required: None specified.
Key Entities Referenced
Pension Fund Regulatory and Development Authority: Regulatory body established in India to promote and regulate pension schemes.
Pension Fund Regulatory and Development Authority Act, 2013: The act of the Indian Parliament that established the Pension Fund Regulatory and Development Authority.
Pension Advisory Committee: A committee constituted by the Pension Fund Regulatory and Development Authority to provide advice on pension-related matters.
State Bank of India, New Delhi: A public sector bank in India, represented by its Government Business Unit in New Delhi.
Axis Bank: A private sector bank in India.
Ministry of Finance: A ministry in the Government of India responsible for financial matters.
Life Insurance Corporation of India: An Indian state-owned insurance group and investment company.
National Institute of Bank Management, Pune: An autonomous institution for training, research, and consultancy in bank management, located in Pune, Maharashtra.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99
सी.जी.-डी.एल.-अ.-16092020-221765
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CG-DL-E-16092020-221765
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 365] नई ददल्ली, बधु िार, जसतम्ब र 16, 2020/भाद्र 25, 1942
No. 365] NEW DELHI, WEDNESDAY, SEPTEMBER 16, 2020/BHADRA 25, 1942
पिें न जनजध जिजनयामक और जिकास प्राजधकरण
अजधसचू ना
नई ददल्ली, 16 जसतम्ब र, 2020
फा. स.ं पीएफआरडीए/17/आरईएस/25.—पेंिन जनजध जिजनयामक और जिकास प्राजधकरण अजधजनयम, 2013
(2013 का 23) की धारा 45 की उप-धारा (1) के द्वारा प्रदत्त िजियों का प्रयोग करत े हुए और पेंिन जनजध जिजनयामक
और जिकास प्राजधकरण (पिें न सलाहकार सजमजत की बैठकें) जिजनयम, 2015 के जिजनयम 6 के उप-जिजनयम 4 के
जनबंधनों के अनुरूप प्राजधकरण, एतद्द्वारा, पूिव म ेंरािपत्र ददनांक 24 ददसम्बर, 2018 के माध्यम से गठठत पेंिन सलाहकार
सजमजत को, इस अजधसूचना के लागू होने की जतजथ से पुनगवठठत करता ह ै। पुनगवठठत सलाहकार सजमजत होगी:—
1. मुख्य महाप्रबंधक, सरकारी कारोबार ईकाई, भारतीय स्ट्टेट बकैं , नई ददल्ली
2. प्रबंध जनदेिक और मख्ु य कायवकारी अजधकारी, एनएसडीएल ई-गिनेंस इन्फ्रास्ट्रक्चर जलजमटेड
3. कायवकारी जनदेिक (ठरटेल बैंककग), एजक्सस बैंक
4. लेखा के उप महाजनयंत्रक (तकनीकी परामिव), व्यय जिभाग, जित्त मंत्रालय
5. मुख्य कायवकारी अजधकारी और पूणवकाजलक सदस्ट्य, यूटीआई ठरटायरमेंट सोल्यूिंस जलजमटेड
6. मुख्य कायवकारी अजधकारी, एचडीएफसी पेंिन मैनेिमेंट कंपनी जलजमटेड
7. उपाध्यक्ष और अजभरक्षा सेिाएँ प्रमुख, स्ट्टॉक होल्ल्डग कारपोरेिन ऑफ़ इंजडया जलजमटेड
4298 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
8. श्री ददनेि पन्फ्त, जनयिु बीमांकक भारतीय िीिन बीमा जनगम
9. अध्यक्ष, एनपीएस न्फ्यास
10. जनदेिक, नेिनल इंजस्ट्टट्यूट ऑफ़ बैंक मैनेिमेंट, पणु े
11. डॉ. रेणुका सान,े सहायक प्राध्यापक, नेिनल इंजस्ट्टट्यूट ऑफ़ पजललक फाइनेंस एडं पाजलसी (एनआईपीएफपी)
12. श्री कुलीन पटेल, िठरष्ठ बीमांकक एिं जनदिे क- क्लाइंट अकाउंट मैनेिमेंट, टािसव िाटसन, गडु गाँि
13. अध्यक्ष, इंजस्ट्टट्यूट ऑफ़ एक्चरु ीज़ ऑफ़ इंजडया
14. मुख्य कायवकारी अजधकारी, दफक्स्ट्ड इनकम मनी मार्ककट एंड डेठरिेठटव्स एसोजसएिन ऑफ़ इंजडया
15. उप सजचि (स्ट्थापना II), कार्ममक और प्रजिक्षण जिभाग
16. जनदेिक (लेखा), डाक जिभाग, नई ददल्ली
17. श्री रािीि कपूर, कायवकारी जनदेिक-सीआईआई का प्रजतजनजधत्ि करने िाला एचआरएम ल्मडा इंडस्ट्रीि जलजमटेड
समूह
18. मुख्य कायवकारी –इंजडयन बैंक्स एसोजसएिन
19. जनदेिक, बिट, जित्त जिभाग, भोपाल, मध्यप्रदेि सरकार
20. जनदेिक (जित्त/बिट), रक्षा जित्त, रक्षा मंत्रालय के प्रजतजनजध के रूप में
21. श्री गौरि िमा,व उप समादेिक, सीमा सुरक्षा बल, गृह मंत्रालय के प्रजतजनजध के रूप म ें
22. श्री रमेि चन्फ्द्र पाण्डेय, अनुभाग अजधकारी, जित्त स्ट्थापना (एफई) जनदिे ालय, रेल मंत्रालय के प्रजतजनजध के रूप म ें
प्राजधकरण का अध्यक्ष, पिें न सलाहकार सजमजत का पदने अध्यक्ष होगा और प्राजधकरण के सदस्ट्य, सजमजत के पदने सदस्ट्य
होंगे I
सुप्रजतम बंदोपाध्याय, अध्यक्ष
[जिज्ञापन-III/4/असा./222/2020-21]
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
NOTIFICATION
New Delhi, the 16th September, 2020
F. No. PFRDA/17/RES/25.—In exercise of the powers conferred by sub-section (1) of section 45
of the Pension Fund Regulatory and Development Authority Act, 2013 (Act 23 of 2013), and in terms of
the sub regulation 4 of the regulation 6 of Pension Fund Regulatory and Development Authority (Pension
Advisory Committee Meetings) Regulations, 2015, the Authority hereby reconstitutes the Pension
Advisory Committee constituted earlier vide Gazette Notification dated 24th December, 2018 with effect
from the date of this notification. The reconstituted Pension Advisory Committee is as under:
1. Chief General Manager, Government Business Unit, State Bank of India, New Delhi
2. Managing Director & CEO, NSDL e-Governance Infrastructure Ltd
3. Executive Director (Retail Banking), Axis Bank
4. Deputy Controller General of Accounts (Technical Advice), Department of Expenditure,
Ministry of Finance
5. Chief Executive Officer & Whole Time Director, UTI Retirement Solutions Ltd[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
6. Chief Executive Officer, HDFC Pension Management Company Ltd
7. Vice President and Head Custodial Services, Stock Holding Corporation of India Ltd.
8. Shri Dinesh Pant, Appointed Actuary Life Insurance Corporation of India
9. Chairman, NPS Trust
10. Director, National Institute of Bank Management, Pune
11. Dr.Renuka Sane, Associate Professor, National Institute of Public Finance and Policy (NIPFP)
12. Shri Kulin Patel, Senior Actuary and Director – Client Account Management, Towers Watson,
Gurgaon
13. President, Institute of Actuaries of India
14. Chief Executive Officer Fixed Income Money Market and Derivatives Association of India
15. Deputy Secretary (Establishment II), Department of Personnel & Training
16. Director (A/Cs), Department of Posts, New Delhi
17. Shri Rajiv Kapoor, Executive Director – Group HRM Minda Industries Ltd. representing CII
18. Chief Executive-Indian Banks’ Association
19. Director, Budget, Department of Finance, Bhopal, Government of Madhya Pradesh
20. Director (Fin/Budget), Defence Finance as representative of Ministry of Defence
21. Shri Gourav Sharma, Dy Commandant Border Security Force as representative of Ministry of
Home Affairs
22. Shri Ramesh Chandra Pandey, Section Officer, Finance Establishment (FE) Directorate as
representative of Ministry of Railways
The Chairperson and the Members of the Authority shall be the ex-officio Chairperson and ex officio
members of the Pension Advisory Committee.
SUPRATIM BANDYOPADHYAY, Chairperson
[ADVT.-III/4/Exty./222/2020-21]
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