PFRDA Assistant Manager Salary 2024, Pay Slip, In Hand, Salary Structure

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PFRDA Assistant Manager Salary

PFRDA Assistant Manager Salary is quite attractive. The aspirants who will be appointed under PFRDA Assistant Manager Recruitment must note that their basic pay will be Rs 44500. Gradually the candidates will move to further stages and hence their salaries will increase. The pay scale for PFRDA Assistant Managers is Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years).

PFRDA Assistant Manager Salary 2024 – Overview

Check out the overview of PFRDA Assistant Manager Salary 2024 in the table below:

PFRDA Assistant Manager Basic PayRs 44500
PFRDA Assistant Manager Pay ScaleRs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years)
PFRDA Assistant Manager AllowancesGrade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc
PFRDA Assistant Manager Gross EmolumentsRs. 1,40,000/- per month 
Official WebsitePFRDA

Note: The Gross Emoluments include the PFRDA’s contribution towards the National Pension Scheme (NPS) as well. 

PFRDA Assistant Manager Salary 2024 – Probation Period

The successful candidates recruited for the post of Officer Grade ‘A’ (Assistant Manager) shall undergo probation of one year.

PFRDA Assistant Manager Salary Structure 2024

For the detailed PFRDA Assistant Manager Salary Structure, the aspirants must check out the table given below:

Time PeriodBasic Pay (in Rs)Increment (in Rs)
Starting PayRs 44500Rs 2500 every year
After 4 YearsRs.54500Rs. 2850 every year 
After 7 YearsRs 74450Rs. 2850 every year
After 11 YearsRs 85850Rs. 3300 every year
After 12 Years to 17 yearsRs 89150 (Maximum Pay)

PFRDA Assistant Manager Salary 2024 – Allowances

Check out the list of allowances below:

  • Contribution to National Pension System (NPS),
  • Grade Allowance,
  • SpecialAllowance,
  • Special Grade Allowance,
  • Dearness Allowance,
  • Local Allowance,
  • Family Allowance,
  • Special Compensatory Allowance,
  • Learning Allowance
  • Housing Allowance
Related LinksRelated LinksRelated Links
PFRDA Assistant Manager Apply OnlinePFRDA Assistant Manager EligibilityPFRDA Assistant Manager Syllabus & Exam Pattern
PFRDA Assistant Manager Selection ProcessPFRDA Assistant Manager NotificationPFRDA Assistant Manager Exam Date
PFRDA Assistant Manager Admit CardPFRDA Assistant Manager ResultPFRDA Assistant Manager Previous Year Cut Off

PFRDA Assistant Manager Salary 2024 – Benefits and Perks

Other benefits include: 

  • Leave Fare Concession,
  • Medical Expenses (Hospitalisation and Non-Hospitalisation),
  • Personal Accident Insurance,
  • Eye Refraction/ Cost of Spectacles,
  • Education Allowance,
  • Financial Dailies,
  • Book Grant,
  • Briefcase,
  • Conveyance Expenses,
  • House Cleaning Allowance,
  • Staff Furnishing Scheme,
  • Scheme for Purchasing Computers,
  • Sodexo Meal Card, etc

PFRDA Assistant Manager Qualification Allowance

In addition to pay and benefits, a PFRDA Grade A officer would also be eligible for qualification allowance as under:

QualificationCompletion LevelQualification Allowance
ActuarialFellow of the Institute of Actuaries of India (IAI)Rs. 80,000/-
ActuarialPass or exemption in all Seven (07) ‘Core Principles’ subjects of the Institute of Actuaries of India (IAI) Examination Rs. 15,000/-
Finance & AccountsACA / ACMA (erstwhile AICWA) / ACS/ CFARs. 3,500/-
Information TechnologyMaster’s DegreeRs. 3,500/-
Economics /Statistics / 
Law / Finance
 Doctorate of Philosophy (Ph.D.) Rs. 3,500/-

PFRDA Assistant Manager Posting

The recruited officer may be transferred to any location in India where PFRDA has its
Offices i.e. New Delhi or Mumbai or a Regional Office at any other centre which may open in future and posted to any department, irrespective of stream.

PFRDA Assistant Manager Job Profile

The job profile of a PFRDA (Pension Fund Regulatory and Development Authority) Assistant Manager is both challenging and rewarding, involving crucial responsibilities related to the regulation and development of pension funds in India. Here’s a comprehensive look at the key aspects of this role:

Regulatory Compliance

One of the primary responsibilities of a PFRDA Assistant Manager is to ensure regulatory compliance within the pension sector. This involves staying updated on the latest guidelines, rules, and regulations set by the authority and facilitating their implementation within the pension funds they oversee.

Supervision of Pension Funds

Assistant Managers at PFRDA are tasked with supervising pension funds to ensure their adherence to regulatory frameworks. This includes monitoring investment strategies, risk management practices, and overall fund performance to safeguard the interests of pension contributors.

Policy Implementation

PFRDA Assistant Managers play a pivotal role in implementing policies and initiatives aimed at the development and enhancement of the pension sector. This may involve working on projects that contribute to the growth and sustainability of pension funds and ensuring that the sector aligns with the evolving needs of contributors and beneficiaries.

Stakeholder Management

Effective communication and collaboration with various stakeholders, including pension fund managers, financial institutions, and government bodies, are integral to the role. Assistant Managers need to foster positive relationships to facilitate the smooth functioning of the pension system.

Research and Analysis

Staying informed about market trends, economic developments, and global pension practices is crucial. Assistant Managers engage in continuous research and analysis to make informed recommendations and decisions that contribute to the efficient and effective regulation of pension funds.

Education and Outreach

PFRDA Assistant Managers often participate in educational initiatives and outreach programs. This involves creating awareness about pension schemes, conducting workshops, and disseminating information to the public, contributing to financial literacy and inclusion.

Risk Management

Mitigating risks within the pension sector is a key aspect of the job. Assistant Managers are involved in assessing potential risks, developing risk management strategies, and ensuring that pension funds are resilient to market fluctuations.

Related Links
PFRDA Assistant Manager Previous Year Paper

PFRDA Assistant Manager Salary 2024 – FAQs

Q1. What is the basic pay of an PFRDA Assistant Manager?

The basic PFRDA Assistant Manager Salary is Rs 44500.

Q2. What are the gross emoluments that a candidate gets per month?

The gross emoluments that the candidate gets are Rs 1,40,000 per month.

Q3. What are the PFRDA Assistant Manager perks & allowances?

There are several allowances including Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc

Q4. Where will the candidates appointed as PFRDA Assistant Manager be posted after selection?

The candidates can be posted anywhere in India or abroad where PFRDA has its offices.

Q5. What is the range of PFRDA Assistant Manager Salary?

The range for PFRDA Assistant Manager Salary is from Rs 44500 to Rs 89150.

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