**Executive Summary**
This notification from the Pension Fund Regulatory and Development Authority (PFRDA) announces the reconstitution of the Pension Advisory Committee. The reconstitution is effective from the date of the notification, 19th May 2022, and is in accordance with Section 45 of the PFRDA Act, 2013 and the PFRDA (Pension Advisory Committee Meetings) Regulations, 2015. The prior committee was formed via a Gazette Notification on September 16, 2020.
**Key Points / Main Content**
* **Reconstitution of Pension Advisory Committee:**
* The Pension Advisory Committee is reconstituted as per the notification.
* The reconstitution is 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).
* This action is based on sub-regulation 4 of the regulation 6 of Pension Fund Regulatory and Development Authority (Pension Advisory Committee Meetings) Regulations, 2015.
* The effective date for the reconstitution is May 19, 2022.
* The Pension Advisory Committee constituted earlier vide Gazette Notification dated 16th September, 2020 will effect from the date of this notification.
* **Members of the Reconstituted Committee:**
* The reconstituted committee consists of 18 members from various government departments, financial institutions, and organizations.
* A list of the committee members is provided in the notification.
**Impact Analysis**
**PFRDA**
* **Impact:** Ensures advisory functions are carried out by a recently updated advisory committee, and the process aligns with regulatory requirements.
* **Action Required:** Ensure the newly formed committee is aligned with its responsibilities.
**Members of the Pension Advisory Committee**
* **Impact:** New or returning members will be responsible for providing expert advice to the PFRDA.
* **Action Required:** Members must prepare to actively participate in the Committee's meetings and provide recommendations.
**Pension Fund Industry**
* **Impact:** The expertise and guidance provided to the PFRDA may shape pension sector rules.
* **Action Required:** Monitor for any policy changes resulting from advice.
**Pension Account Holders**
* **Impact:** The committee's recommendations could ultimately affect the management and regulation of pension funds.
* **Action Required:** No direct action; but should note the changes and review implications on the industry as a whole.
Key Entities Referenced
Pension Fund Regulatory and Development Authority Act, 2013: The primary law under which the notification regarding the reconstitution of the Pension Advisory Committee is issued.
Pension Fund Regulatory and Development Authority (Pension Advisory Committee Meetings) Regulations, 2015: Regulations that are referenced in the notification for the reconstitution of the Pension Advisory Committee.
Pension Advisory Committee: The committee being reconstituted by this notification.
Pension Fund Regulatory and Development Authority: The regulatory body issuing the notification and responsible for the pension sector.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-19052022-235877
xxxGIDHxxx
CG-DL-E-19052022-235877
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 266] नई ददल्ली, बृहस्ट्प जतिार, मई 19, 2022/ििै ाख 29, 1944
No. 266] NEW DELHI, THURSDAY, MAY 19, 2022/VAISAKHA 29, 1944
पिें न जनजध जिजनयामक और जिकास प्राजधकरण
अजधसचू ना
नई ददल्ली , 19 मई, 2022
फा. स.ं पीएफआरडीए/17/आरईएस/25 – पिें न 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 (पेंिन सलाहकार सजमजत की बैठकें) जिजनयम, 2015 के जिजनयम 6 के उप-जिजनयम 4 के जनबंधनों
के अनरूु प प्राजधकरण, एतद्द्वारा,पूिव म ें रािपत्र ददनांक 16 जसतम्बर, 2020 के माध्यम स े गठठत पिें न सलाहकार सजमजत
को,इस अजधसूचना के लागू होन े की जतजथ स ेपुनगवठठत करता ह ै I पुनगवठठत सलाहकार सजमजत होगी :-
1. उप सजचि (स्ट्थापना II), कार्ममक और प्रजिक्षण जिभाग
2. उप लेखा महाजनयंत्रक (तकनीकी सलाह), व्यय जिभाग, जित्त मत्रं ालय
3. जनदेिक (लेखा), डाक जिभाग, नई ददल्ली
4. जनदेिक (जित्त/बिट), रक्षा जित्त, रक्षा मंत्रालय के प्रजतजनजध के रूप म ें
5. श्री गौरि िमाव, उप कमाडं ेंट, सीमा सुरक्षा बल, गृह मंत्रालय के प्रजतजनजध के रूप म ें
6. श्री रमेि चन्द्र पांडे, अनुभाग अजधकारी, जित्त स्ट्थापना जनदिे ालय, रेल मंत्रालय के प्रजतजनजध के रूप में
7. मुख्य कायवकारी- इजन्द्डयन बैंक्स एसोजसएिन
8. जनदेिक, बिट, जित्त जिभाग, भोपाल, मध्यप्रदेि सरकार
9. अध्यक्ष, एनपीएस न्द्यास
3364 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
10. मुख्य कायवकारी अजधकारी, एलआईसी पेंिन फंड जलजमटेड
11. मुख्य कायवकारी अजधकारी, कोटक पेंिन फंड जलजमटेड
12. मैनेजिग डारेक्टर एंड सीईओ, प्रोठटयन ई गिनेंस टेक्नोलॉिीज़ जलजमटेड
(पूिव म ेंएनएसडीएल ई-गिनेंस इन्द्रास्ट्रक्चर जलजमटेड)
13. जनदेिक, नेिनल इंस्ट्टीट्यूट ऑफ बैंक मैनेिमेंट, पणु े
14. अध्यक्ष, इंस्ट्टीट्यूट ऑफ एक्चरु ीज़ ऑफ़ इंजडया
15. डॉ. के.पी.कृष्णन, मानद अनुसधं ान प्राध्यापक, सेंटर फॉर पॉजलसी ठरसचव (सीपीआर)
16. श्री धीरेन्द्र कुमार, संस्ट्थापक और सीईओ, िैल्यू ठरसच व
17. मुख्य कायवकारी अजधकारी, दफक्स्ट्ड इनकम मनी माकेट एंड डेठरिेठटिस एिोजसएिन ऑफ इंजडया
18. अध्यक्ष – सीआईआई- नेिनल कजमटी ऑन इन्द््योरेंस एंड पेंिनस
प्राजधकरण के अध्यक्ष और सदस्ट्य, पिें न सलाहकार सजमजत के पदेन अध्यक्ष और पदेन सदस्ट्य होंगे I
सुप्रजतम बन्द्दोपाध्याय, अध्यक्ष
[जिज्ञापन III/4/असा./84/2022-23]
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
NOTIFICATION
New Delhi, the 19th May, 2022
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 16th September, 2020
with effect from the date of this notification. The reconstituted Pension Advisory Committee is as under:
1. Deputy Secretary (Establishment II), Department of Personnel & Training
2. Deputy Controller General of Accounts (Technical Advice), Department of Expenditure, Ministry
of Finance
3. Director (A/Cs), Department of Posts, New Delhi
4. Director (Fin/Budget), Defence Finance as representative of Ministry of Defence
5. Shri Gourav Sharma, Dy Commandant Border Security Force as representative of Ministry of
Home Affairs
6. Shri Ramesh Chandra Pandey, Section Officer, Finance Establishment (FE) Directorate as
representative of Ministry of Railways
7. Chief Executive-Indian Banks’ Association
8. Director, Budget, Department of Finance, Bhopal, Government of Madhya Pradesh
9. Chairman, NPS Trust
10. Chief Executive Officer, LIC Pension Fund Ltd
11. Chief Executive Officer, Kotak Pension Fund Ltd
12. Managing Director & CEO, Protean eGov Technologies Ltd.
(formerly NSDL e-Governance Infrastructure Ltd)[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
13. Director, National Institute of Bank Management, Pune
14. President, Institute of Actuaries of India
15. Dr. K.P. Krishnan, Honorary Research Professor, Centre for Policy Research (CPR)
16. Shri Dhirendra Kumar, Founder & CEO, Value Research
17. Chief Executive Officer Fixed Income Money Market and Derivatives Association of India
18. Chairman – CII-National Committee on Insurance & Pensions
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./84/2022-23]
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.