PFRDA Assistant Manager Salary 2024, Pay Scale, Allowances & Benefits

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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:

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

Related Links	Related Links	Related Links
PFRDA Assistant Manager Apply Online	PFRDA Assistant Manager Eligibility	PFRDA Assistant Manager Syllabus & Exam Pattern
PFRDA Assistant Manager Selection Process	PFRDA Assistant Manager Notification	PFRDA Assistant Manager Exam Date
PFRDA Assistant Manager Admit Card	PFRDA Assistant Manager Result	PFRDA 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:

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.

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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Saloni Singhal

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!

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