The Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2021 receives President’s assent. The regulations amend the Pension Fund Regulatory and Development Authority (Employees’ Service) Regulations, 2015 in the following manner:
“3. In the Pension Fund Regulatory and Development Authority (Employees’ Service) Regulations, 2015:-
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- In the schedule under clause (b) of sub-regulation 4 of Regulation 6, in column 3 of row 2 [under heading Age, Qualification & Experience for Direct recruits], for qualification for Executive Director, the existing educational qualification and experience shall be substituted as follows:
Qualification: ―MBA/MMS with specialisation in Finance / CA / CS / CFA / CWA / LLB / Post Graduation in Economics, Finance or any other discipline which in the opinion of the Authority is useful, from a recognised University /Institution with a minimum of 20 years of post-qualification experience in dealing with issues relating to Pension/ Insurance / Financial Sector or special knowledge / experience of law, investigation, Finance, Economics, Accountancy, Administration or any other discipline considered useful to the Authority.”
