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Date: 2025-06-09 Category: Extra Ordinary State: Union Government Country: India

Pension Fund Regulatory and Development Authority Act,

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Executive Summary & Key Takeaways

## Report on Pension Fund Regulatory and Development Authority (PFRDA) Employees Service Amendment Regulations, 2025 **1. Executive Summary:** This report analyzes the Pension Fund Regulatory and Development Authority (PFRDA) Employees Service Amendment Regulations, 2025, as published in the Gazette of India. This amendment modifies the original 2015 regulations by expanding the eligibility criteria for direct recruitment into Grade ABC positions within PFRDA, specifically related to educational qualifications in Artificial Intelligence (AI) and Machine Learning (ML). The core purpose of this amendment is to broaden the pool of qualified candidates by recognizing new and emerging specializations within computer science and engineering. The key finding is that this change seeks to attract talent with expertise in AI and ML to support PFRDA's evolving needs. **2. Introduction:** This report aims to provide a comprehensive overview of the Pension Fund Regulatory and Development Authority (PFRDA) Employees Service Amendment Regulations, 2025, based solely on the provided text. The analysis will focus on the changes introduced by this amendment, its rationale, and its potential impact on recruitment within PFRDA. **3. Policy Overview:** * This document is an *amendment* to the Pension Fund Regulatory and Development Authority Employees Service Regulations, 2015. * **Core Objective(s):** The core objective of this *amendment*, as inferred from the provided text, is to update and broaden the eligibility criteria for direct recruitment into Grade ABC positions within the PFRDA. The amendment seeks to incorporate expertise in emerging technologies like Artificial Intelligence (AI) and Machine Learning (ML) into the PFRDA workforce. **4. Background and Rationale:** * **(Amendment):** The rationale for this specific amendment is likely driven by the increasing importance of AI and ML technologies within the financial and regulatory landscape. The amendment addresses the need for PFRDA to attract and recruit individuals with specialized knowledge in these fields. This implies a strategic move to enhance PFRDA's capabilities in areas that leverage these technologies. **5. Key Provisions / Changes:** * **(Amendment):** This amendment specifically modifies the qualification requirements for Grade ABC positions as stated in column 3 of row 4 of the "Age, Qualification Experience for Direct recruits" table in the Schedule to the Pension Fund Regulatory and Development Authority Employees Service Regulations, 2015. * **New Rule/Provision:** The amendment *inserts* the following qualifications as acceptable alternatives to existing qualifications "in computers Information technology": * "OR Bachelors Degree in Engineering with specialization in Artificial Intelligence AI and Machine Learning ML * Masters in Computer Application with specialization in AI and ML * Bachelors Degree in Science with specialization in AI and ML * Bachelors Degree in any discipline with a post graduate qualification minimum 2 years duration in computersinformation technology with specialization in AI and ML" * **Difference/Effect of Change:** This change significantly expands the pool of eligible candidates for Grade ABC positions. Previously, the focus was primarily on candidates with general computer or IT qualifications. The amendment acknowledges the value of specialized degrees and post-graduate qualifications focused on AI and ML, potentially bringing in candidates with more focused and relevant skillsets. **6. Target Audience and Stakeholders:** Based on the provided text, the directly affected audience and stakeholders include: * **Prospective candidates:** Individuals with degrees or post-graduate qualifications in AI, ML, or related fields who are interested in applying for Grade ABC positions at PFRDA. * **PFRDA's HR department:** The Human Resources department will need to update recruitment procedures and job descriptions to reflect the new eligibility criteria. * **Hiring managers within PFRDA:** Managers responsible for filling Grade ABC positions will have access to a broader pool of candidates with specialized skills. **7. Implementation Aspects (Inferred):** * **Responsible agency:** The Pension Fund Regulatory and Development Authority (PFRDA) is the responsible body for implementing these changes. * **Timelines:** The amendment came into force on the date of its publication in the Official Gazette (June 9, 2025). Therefore, the new eligibility criteria are effective immediately. * **(Amendment):** The amendment implies that PFRDA's HR department needs to update its recruitment processes immediately to reflect the new qualifications. **8. Expected Outcomes / Impact of Changes:** * **(Amendment):** The likely intended outcome of these changes is to improve the quality and depth of expertise within PFRDA, specifically in the areas of AI and ML. This enhancement of expertise is likely intended to enable PFRDA to better regulate and develop the pension fund industry in an increasingly technology-driven environment. The broader applicant pool should also lead to more competitive recruitment. **9. Conclusion:** The PFRDA Employees Service Amendment Regulations, 2025, represent a strategic update to PFRDA's recruitment policies. By broadening the eligibility criteria for Grade ABC positions to include candidates with specialized knowledge in AI and ML, PFRDA demonstrates a commitment to attracting talent that can contribute to its evolving needs. This amendment is significant because it reflects the growing importance of these technologies in the financial sector and the need for regulatory bodies to possess the necessary expertise to oversee their implementation.

Key Entities Referenced

NEW DELHI: Location; place of publication of the Gazette of India JUNE 9, 2025: Date of publication of the Gazette of India JYAISTHA 19, 1947: Date according to the traditional Hindu calendar, corresponding to the date of publication THE GAZETTE OF INDIA: Official government gazette of India PART IIISEC.4: Section of the Gazette of India PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY: Regulatory body for pension funds in India 29 May, 2025: Date of the notification PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY EMPLOYEES SERVICE AMENDMENT REGULATIONS, 2025: Title of the amended regulations PFRDA05100252017HR: Notification number for the regulations Pension Fund Regulatory and Development Authority Act, 2013: Act of the Indian Parliament establishing the Pension Fund Regulatory and Development Authority 23 of 2013: Act number and year Pension Fund Regulatory and Development Authority Employees Service Regulations, 2015: Original regulations being amended Official Gazette: The gazette in which the regulation will be published Grade ABC: Grade level within the PFRDA employee structure. Artificial Intelligence AI: Field of computer science Machine Learning ML: Field of computer science Dr. DEEPAK MOHANTY: Chairperson of an organization, likely PFRDA. ADVT.III4Exty.148202526: Advertisement number Gazette of India: Official government gazette of India 14th May, 2015: Date of the Gazette of India publication PFRDA12RGL13911: Notification number Pension Fund Regulatory and Development Authority Employees Service First Amendment Regulations, 2018: First Amendment Regulations of the Pension Fund Regulatory and Development Authority Employees Service. 31st October, 2018: Date of the Gazette of India publication Pension Fund Regulatory and Development Authority Employees Service Amendment Regulations, 2020: Amendment Regulations of the Pension Fund Regulatory and Development Authority Employees Service. 28th April, 2020: Date of the Gazette of India publication Pension Fund Regulatory and Development Authority Employees Service Amendment Regulations, 2021: Amendment Regulations of the Pension Fund Regulatory and Development Authority Employees Service. 24th March, 2021: Date of the Gazette of India publication Pension Fund Regulatory and Development Authority Employees Service Second Amendment Regulations, 2021: Second Amendment Regulations of the Pension Fund Regulatory and Development Authority Employees Service. 1st July, 2021: Date of the Gazette of India publication Pension Fund Regulatory and Development Authority Employees Service Amendment Regulations, 2022: Amendment Regulations of the Pension Fund Regulatory and Development Authority Employees Service. 13th April, 2022: Date of the Gazette of India publication Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi110064: Publisher of the document Controller of Publications, Delhi110054: Controller of Publications
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-10062025-263695 xxxGIDHxxx CG-DL-E-10062025-263695 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण्‍ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 415] िई दिल्ली, सोमिार, ििू 9, 2025/ज्य‍ ष्े ‍ि 19, 1947 No. 415] NEW DELHI, MONDAY, JUNE 9, 2025/JYAISTHA 19, 1947 पशें न जिजध जिननयामक और निकास प्रानिकरण अनिसचू ना नई दिल्ली, 29 मई, 2025 पशें न नननि निननयामक और निकास प्रानिकरण (कमचम ारी सिे ा) (सशं ोिन) निननयम, 2025 स.ं पीएफआरडीए/05/1/0025/2017-एचआर.- पशें न नननि निननयामक और निकास प्रानिकरण द्वारा पेंशन नननि निननयामक और निकास प्रानिकरण अनिननयम, 2013 (2013 का 23) की िारा 11 की उपिारा (2) के साथ पठित िारा 52 की उपिारा (2) के खंड (ख) द्वारा प्रित्त शनियों का प्रयोग करते हुए, पेंशन नननि निननयामक और निकास प्रानिकरण (कममचारी सेिा) निननयम, 2015 म ें संशोिन करने के नलए एतद्द्वारा ननम्ननलनखत निननयम बनाए िाते ह,ैं िामतः - 1. इन निननयमों को पशें न नननि निननयामक और निकास प्रानिकरण (कममचारी सेिा) (संशोिन) निननयम, 2025 कहा जाएगा। 2. ये जिजियम, िासकीय राजपत्र म ें उनके प्रकाशन की जतजथ स ेलागू होंगे। 3711 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 3. पेंशन नननि निननयामक और निकास प्रानिकरण (कममचारी सेिा) निननयम, 2015 म:ें - (।). निननयमों की अनुसूची म,ें तानलका [‘सीिी भती के नलए आय,ु योग्यता और अनुभि, ग्रेड ए / बी / सी के नलए योग्यता’ शीर्मक िाली ताजलका] की पंनि 4 के कॉलम 3 म ें"कंप्यूटर / सचू ना प्रौद्योनगकी म"ें शब्िों के बाि तथा "तकनीकी िाखा (सूचना प्रणाली) म ेंअनिकाररयों के नलए" शब्िों स े पहल,े ननम्ननलनखत शब्ि प्रजिष्ट दकए जाएगं े : “ या आर्टमदफनशयल इंटेनलजेंस (एआई) और मशीन लर्नगिं (एमएल) म ेंनिशेर्ज्ञता के साथ इंजीननयररंग म ेंस्नातक की नडग्री / एआई और एमएल म ेंनिशेर्ज्ञता के साथ कंप्यूटर एप्लीकेशन म ेंमास्टस म/ एआई और एमएल म ेंनिशेर्ज्ञता के साथ निज्ञान म ेंस्नातक की नडग्री / एआई और एमएल म ेंनिशेर्ज्ञता के साथ सूचना प्रौद्योनगकी म ेंस्नातकोत्तर योग्यता (न्यूनतम 2 िर् मकी अिनि िाल)े के साथ दकसी भी निर्य म ेंस्नातक की नडग्री ” डॉ. िीपक महान्ती, अध्यक्ष [जिज्ञापि-III/4/असा./148/2025-26] फुटिोट : 1. पेंशन नननि निननयामक और निकास प्रानिकरण (कममचारी सेिा) निननयम, 2015 को भारत के राजपत्र म ें दििांक 14 मई 2015 की अनिसूचना सं. पीएफआरडीए/12/आरजीएल/139/11 के माध्यम से प्रकानशत दकया गया और बाि म ें इस े जिम्नािुसार संशोनित दकया गया - i. पेंशन नननि निननयामक और निकास प्रानिकरण (कममचारी सेिा) (प्रथम संशोिन) निननयम, 2018 को भारत के राजपत्र म ेंदििांक 31 अक्टूबर, 2018 की अनिसूचना स.ं पीएफआरडीए/12/आरजीएल/139/11 के माध्यम स ेप्रकानशत दकया गया था। ii. पेंशन नननि निननयामक और निकास प्रानिकरण (कममचारी सिे ा) (संशोिन) निननयम, 2020 को भारत के रािपत्र म ें दििांक 28 अप्रैल, 2020 की अनिसूचना स.ं पीएफआरडीए/12/आरजीएल/139/11 के माध्यम स ेप्रकानशत दकया गया था। iii. पेंशन नननि निननयामक और निकास प्रानिकरण (कममचारी सिे ा) (संशोिन) निननयम, 2021 को भारत के रािपत्र म ें दििांक 24 माच,म 2021 की अनिसूचना स.ं पीएफआरडीए/12/आरजीएल/139/11 के माध्यम स े प्रकानशत दकया गया था। iv. पेंशन नननि निननयामक और निकास प्रानिकरण (कममचारी सिे ा) (नद्वतीय संशोिन) निननयम, 2021 को भारत के रािपत्र में दििांक 1 जलु ाई, 2021 की अनिसूचना स.ं पीएफआरडीए/12/आरजीएल/139/11 के माध्यम स े प्रकानशत दकया गया था। v. पेंशन नननि निननयामक और निकास प्रानिकरण (कममचारी सिे ा) (संशोिन) निननयम, 2022 को भारत के रािपत्र म ें दििांक 13 अप्रैल, 2022 की अनिसूचना स.ं पीएफआरडीए/12/आरजीएल/139/11 के माध्यम स ेप्रकानशत दकया गया था।[भाग III—खण्‍ड 4] भारत का रािपत्र : असाधारण 3 PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY NOTIFICATION NEW DELHI, the 29 May, 2025 PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY (EMPLOYEES’ SERVICE) (AMENDMENT) REGULATIONS, 2025 No. PFRDA/05/1/0025/2017-HR.- In exercise of the powers conferred by sub-section (2) of section 11 read with clause (b) of sub-section (2) of section 52 of the Pension Fund Regulatory and Development Authority Act, 2013 (23 of 2013), the Pension Fund Regulatory and Development Authority hereby makes the following regulations to further amend the Pension Fund Regulatory and Development Authority (Employees’ Service) Regulations, 2015, namely: - 1. These regulations may be called the Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2025. 2. These shall come into force on the date of their publication in the Official Gazette. 3. In the Pension Fund Regulatory and Development Authority (Employees’ Service) Regulations, 2015: - (I). In the Schedule to the regulations, in column 3 of row 4 of the table [under heading- Age, Qualification & Experience for Direct recruits, for qualification for Grade A/B/C] after the words “in computers / Information technology” and before the words “for officers in Technical Stream (Information System)”, the following words shall be inserted: “OR Bachelor’s Degree in Engineering with specialization in Artificial Intelligence (AI) and Machine Learning (ML) / Masters in Computer Application with specialization in AI and ML / Bachelor’s Degree in Science with specialization in AI and ML/ Bachelor’s Degree in any discipline with a post graduate qualification (minimum 2 years duration) in computers/information technology with specialization in AI and ML” Dr. DEEPAK MOHANTY, Chairperson [ADVT.-III/4/Exty./148/2025-26] Footnote: 1. The Pension Fund Regulatory and Development Authority (Employees’ Service) Regulations, 2015 were published in the Gazette of India on 14th May, 2015 vide notification No. PFRDA/12/RGL/139/11; and subsequently amended by - i. The Pension Fund Regulatory and Development Authority (Employees’ Service) (First Amendment) Regulations, 2018 were published in the Gazette of India on 31st October, 2018 vide Notification No. PFRDA/12/RGL/139/11. ii. The Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2020 were published in the Gazette of India on 28th April, 2020 vide Notification No. PFRDA/ 12/RGL/139/11.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] iii. The Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2021 were published in the Gazette of India on 24th March, 2021 vide Notification No. PFRDA/12/RGL/139/11. iv. The Pension Fund Regulatory and Development Authority (Employees’ Service) (Second Amendment) Regulations, 2021 were published in the Gazette of India on 1st July, 2021 vide Notification No. PFRDA/12/RGL/139/11. v. The Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2022 were published in the Gazette of India on 13th April, 2022 vide Notification No. PFRDA/12/RGL/139/11. 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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