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:
| Particulars | Details |
| PFRDA Assistant Manager Basic Pay | Rs 44500 |
| PFRDA Assistant Manager Pay Scale | Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years) |
| PFRDA Assistant Manager Allowances | Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc |
| PFRDA Assistant Manager Gross Emoluments | Rs. 1,40,000/- per month |
| Official Website | PFRDA |
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 Period | Basic Pay (in Rs) | Increment (in Rs) |
| Starting Pay | Rs 44500 | Rs 2500 every year |
| After 4 Years | Rs.54500 | Rs. 2850 every year |
| After 7 Years | Rs 74450 | Rs. 2850 every year |
| After 11 Years | Rs 85850 | Rs. 3300 every year |
| After 12 Years to 17 years | Rs 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
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:
| Qualification | Completion Level | Qualification Allowance |
| Actuarial | Fellow of the Institute of Actuaries of India (IAI) | Rs. 80,000/- |
| Actuarial | Pass or exemption in all Seven (07) ‘Core Principles’ subjects of the Institute of Actuaries of India (IAI) Examination | Rs. 15,000/- |
| Finance & Accounts | ACA / ACMA (erstwhile AICWA) / ACS/ CFA | Rs. 3,500/- |
| Information Technology | Master’s Degree | Rs. 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
The basic PFRDA Assistant Manager Salary is Rs 44500.
The gross emoluments that the candidate gets are Rs 1,40,000 per month.
There are several allowances including Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, Family Allowance, etc
The candidates can be posted anywhere in India or abroad where PFRDA has its offices.
The range for PFRDA Assistant Manager Salary is from Rs 44500 to Rs 89150.
Preparing for Regulatory Exams? Need regular updates of CA, Notifications, Free Ebooks, YT Sessions, and More, then Join Our Regulatory Whatsapp Channel.
If you are preparing for Regulatory Exams, then do not forget to check out all the blogs on the regulatory exams. Check Regulatory Exam Blogs.
Get Daily FREE Material for RBI Grade B, NABARD Grade A, SEBI Grade A, IFSCA Grade A, and SIDBI Grade A, IRDAI Assistant Manager – Join Oliveboard’s Regulatory Exam Telegram Channel
Attempt Engaging Quiz on YTC and get complete study material and classes for RBI Grade B, NABARD Grade A, SEBI Grade A, IFSCA Grade A, and SIDBI Grade A, IRDAI Assistant Manager- Subscribe to Oliveboard’s Regulatory Exam Youtube Channel
| Related Links | Related Links |
| RBI Grade B Notification | NABARD Grade A Notification |
| SEBI Grade A Notification | IRDAI Assistant Manager Notification |
| SIDBI Grade A Notification | IFSCA Grade A Notification |
- 27 April 2024 Current Affairs in English
- RPF Exam vs CISF Exam, Which Is Easy To Crack?
- RPF Exam vs IPS Exam, Which Is Easy To Crack?
- TNPSC Group 1 Syllabus 2024, Exam Pattern, Download PDF
- RBI Grade B Online Coaching 2024, All RBI Grade B Courses
Hello there! I’m a dedicated Government Job aspirant turned passionate writer & content marketer. My blogs are a one-stop destination for accurate and comprehensive information on exams like Regulatory Bodies, Banking, SSC, State PSCs, and more. I’m on a mission to provide you with all the details you need, conveniently in one place. When I’m not writing and marketing, you’ll find me happily experimenting in the kitchen, cooking up delightful treats. Join me on this journey of knowledge and flavors!
Oliveboard Live Courses & Mock Test Series
