Pension Fund Regulatory And Development Authority (Employees’ Service) (Second Amendment) Regulations, 2025: Notification No. PFRDA/05/1/0025/2017-HR dated 13.10.2025
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
NOTIFICATION
New Delhi, the 13th October, 2025
Pension Fund Regulatory And Development Authority (Employees’ Service) (Second Amendment) Regulations, 2025
No. PFRDA/05/1/0025/2017-HR.– In exercise of the powers conferred by sub-section (2) of section 11 read with clauses (b) of sub-section (2) of section 52 of the Pension Fund Regulatory and Development Authority Act, 2013 (23 of 2013), the Pension Fund Regulatory and Development Authority hereby makes the following regulations to amend the Pension Fund Regulatory and Development Authority (Employees’ Service) Regulations, 2015, namely:-
1. These regulations may be called the Pension Fund Regulatory and Development Authority (Employees’ Service) (Second Amendment) Regulations, 2025.
2. These shall come into force on the date of their publication in the official gazette.
3. In the Pension Fund Regulatory and Development Authority Employees’ Service) Regulations, 2015, as amended from time to time (hereinafter referred to as ‘the principal regulations’), the following amendments are made.
I. Sub-regulation (1) of regulation 2 of the principal regulations shall be substituted as follows:
“(1) These regulations shall apply to:
(i) all officers and employees appointed by the Authority under section 11 of the Act;
(ii) all officers and employees appointed by the Interim Authority prior to the notification of the Act; and
(iii) any other category of employees to whom these regulations are applicable where so specified.
Provided that these regulations shall not apply to persons employed temporarily or on contract save as otherwise provided in these regulations or to such extent as may be generally or specifically decided by the Authority.”
II. In sub-regulation (1) of regulation 3 of the principal regulations,
i. after clause (f), the following clause shall be inserted, namely:-
“(fa) “deputation” means temporary posting of an employee to another organisation wherein the accrual and disbursement of remuneration including pay, allowances and perquisites would be borne by the borrowing organisation.”
ii. after clause (g), the following clause shall be inserted, namely:-
“(ga) “external assignment” means the temporary posting of an employee to another organisation, including on secondment, tour of duty and staff exchange programme, wherein the accrual and disbursement of remuneration including pay, allowances and perquisites would be borne by the Authority either in part or in full.”
iii. sub-clause (iii) of clause (h) shall be substituted as follows:
“(iii) Any other person related, by blood or marriage, to the employee or to his spouse and wholly dependent upon such employee.
However, for the purpose of availing of benefits offered by the Authority to its employees i.e., health insurance, leave travel concession and such other like benefits, the family means as determined by the Competent Authority from time to time by way of circulars or orders.”
III. Sub-regulation (3) of regulation 3 of the principal regulations shall be substituted as follows:
“For the purposes of these regulations, words importing the masculine gender shall be taken to include females and transgender persons wherever the context warrants and singular will also include plural.”
IV. In regulation 5 of the principal regulations,
i.in sub-regulation (1), before the words “the power to implement”, the words and symbol “Subject to the provisions of these regulations,” shall be inserted.
ii. after sub-regulation (2), the following sub-regulation shall be inserted, namely:-
“(3) The Authority may at its discretion waive or relax the strict application of the provisions of these regulations.”
V. Sub-regulation (1) of regulation 6 of the principal regulations shall be substituted as follows:
“Classification and appointment of officers and other employees.-(1) The officers and other employees in the Authority shall be classified as follows:
(a)Officers (Grades A, B, C, D, E, F and Executive Director);
(b) Secretarial Staff on deputation (Grades A, B and C);
(c) Junior Assistant; and
(d) Driver.”
VI. Clause (d) of sub-regulation (4) of regulation 6 of the principal regulations shall be substituted as follows:
“(d) Competent authority shall constitute a selection committee, comprising such number of persons and outside expert as he may determine for recruitment and promotion.
Provided that for recruitment at the level of Executive Director on deputation or contract, the Competent authority shall constitute a search-cum-selection committee, comprising such number of persons and external experts as may be determined.
Provided further that the appointment to the post of Executive Director shall be approved by the Authority before an offer of appointment is issued to the selected candidate.”
VII. In sub-regulation (3) of regulation 7 of the principal regulations, the words “such employees” shall be replaced with the words “secretarial staff (Grades A, B and C) or officers”.
VIII. In regulation 10 of the principal regulations,
i. sub-regulation (1) shall be substituted as follows:
“(1) An employee directly appointed in any of the specified scales of pay shall be on probation for a period of two years.”
ii. after sub-regulation (1) the following sub-regulation shall be inserted, namely:-
“(1A) An employee promoted from one grade/scale to another shall be on probation for a period of one year.”
IX. In regulation 13 of the principal regulations,
i. in sub-regulation (1) after the first proviso, the following proviso shall be inserted, namely:-
“Provided further that the Authority may undertake periodic review of performance of employees in addition to yearly review and may retire any employee under first proviso, if it is of the opinion that the employee has doubtful integrity or if the employee has been found to be inefficient.”
ii. last sub-regulation shall be renumbered as (7).
X. Regulation 16 of the principal regulations shall be substituted as follows:
“16. Promotion.- All promotions and upgradation shall be made at the discretion of the Authority and governed by the policies laid down by the Competent Authority from time to time.”
XI. After sub-regulation (5) of regulation 36 of the principal regulations, the following sub-regulation shall be inserted, namely:-
“(6) Subject to the exigencies of work and approval by the competent authority, differently abled employees, as defined in the Rights of Persons with Disabilities Act, 2016, may be granted, in a calendar year, a maximum of ten days of special casual leave for participating in Conference, Seminars, Trainings or Workshops related to disability and development related programs and a maximum of four days of special casual leave for specific requirements relating to the disability of the employee:
Provided that the grant of special casual leave under this sub-regulation shall be subject to such terms and conditions as may be decided by the competent authority from time to time.”
XII. After regulation 36 of the principal regulations, the following regulation shall be inserted, namely:-
“36A. Special Hardship Leave.-
(1) Eligibility.– (a) employee confirmed in the services of the Authority and having completed five years of service in the Authority is eligible to apply for special hardship leave:
Provided that special hardship leave before completion of five years of service may be sanctioned in exceptional circumstances for the purposes provided in sub-regulation (2), on an application by such employee and upon recommendation of the approving authority in accordance with sub-regulation (4);
(b) a female employee may avail special hardship leave as extension of maternity leave irrespective of completion of service of five years in the Authority;
(c) approval of the special hardship leave shall be at the sole discretion of the Authority, depending upon the grounds including the administrative exigencies of the Authority, reason for which the leave is sought for and merits of individual cases;
(d) employee shall not proceed on special hardship leave without the approval of approving authority in accordance with sub-regulation (4);
(e) special hardship leave shall not be available to employees,—
(i) serving abroad under special arrangements or bonds;
(ii) who have executed service bonds and have not completed it;
(iii) against whom disciplinary proceedings are proposed or pending or who are under suspension, including employees against whom action has been initiated by Government agencies or other law enforcement authorities;
(iv) appointed on contract basis;
(v) falling under any other category as may be determined by the Authority from time to time.
(2) Purpose of special hardship leave.– Special hardship leave shall be for the purpose of taking care of the family or children or health grounds of self or dependent family members.
(3) Period of special hardship leave.- Special hardship leave may be availed for a period not exceeding two years during the entire service, and may be availed for a minimum period of three months once in a year.
(4) Approving authority for special hardship leave.- Approving authority for special hardship leave for employees in grade ‘D’ and above, shall be the Whole Time Member in charge of the concerned department where such employee is serving, and in other cases, the approving authority shall be the Executive Director in charge of the concerned department where such employee is serving.
(5) Other conditions.- Other conditions relating to special hardship leave shall be as follows,—
(a) such leave shall be without pay, perquisites and allowances except house allowance and claims for medical treatment availed in India:
Explanation: For the purpose of this clause, claim for the medical treatment, shall include, medical insurance, claim from Medical Assistance Fund, non-policy medical claims, eye refraction and annual health check-up;
(b) an employee on special hardship leave shall be allowed to retain the accommodation provided by the Authority or receive the house allowance, as the case may be;
(c) application for special hardship leave shall be submitted by the employee in grade ‘D’ and above, at least two months before the date from which leave is to be availed, and in all other case at least one month before the date from which leave is to be availed:
Provided that the approving authority shall have discretion to relax the period specified in this clause in appropriate cases;
(d) for computing the eligibility to avail special hardship leave, completed years of services shall be reckoned;
(e) special hardship leave once approved, shall be irrevocable;
(f) before expiry of the approved special hardship leave, employee shall not resume for duty without permission from the approving authority;
(g) special hardship leave may be availed irrespective of balance of leaves of any other category, and may be combined with any categories of leave except casual leave, special casual leave, Special casual leave in lieu of joining time, and special leave;
(h) special hardship leave shall not be granted for avoiding transfer or posting or placement, etc.;
(i) an employee, who leaves the services of the Authority by resignation or voluntary retirement during the special hardship leave shall be liable to pay compensation to the Authority, which shall be a sum equal to substantive pay for the period of notice as required, in terms of these regulations;
(j) an employee, who leaves the services of the Authority by way of resignation or voluntary retirement during the special hardship leave or within five years after resuming office after availing such leave, shall be liable to pay to the Authority, an amount equal to the entire house allowance and medical claims paid during such leave:
Provided that after approval of the competent authority, based on requisite documentary evidence and examination and certification by the Medical Officer of the Authority, the payment of said amount from the employee, who has availed special hardship leave on health grounds of self and that being the reason for which he is unable to resume office may be waived;
(k) Authority may cancel the special hardship leave and recall the employee and proceed in the matter as deemed fit, in case it is found that such employee is undertaking or engaged in, directly or indirectly, any trade or employment or business or profession;
(l) special hardship leave shall be counted as service for the purpose of seniority;
(m) for the period of special hardship leave availed, no other leave shall be credited to such employee;
(n) an employee shall make himself available during the period of special hardship leave as witness in any investigation, court case, departmental enquiry or any other such proceeding and shall be paid travelling and halting allowance, as the case may be;
(o) Authority may cancel the special hardship leave at any time and recall the employees in case of exigencies;
(p) Authority shall not approve any fresh loan or advance of whatever nature during the special hardship leave period;
(q) an employee on special hardship leave shall submit the return of immovable or movable or valuable property as required;
(r) an employee availing special hardship leave shall intimate to the Authority, his local address for correspondences and also inform any changes in address for communication, from time to time.”
XIII.Sub-regulation (1) of regulation 37 of the principal regulations shall be substituted as follows:
“(1) (i) Every employee shall be entitled to ordinary leave at the rate of 30 days for every year of
service subject to a maximum accumulation of 300 days.
(ii) The leave so earned shall be credited to the ordinary leave account of the employee half yearly on 1st January and 1st July respectively in each year at the rate of 15 days for every 6 months of service rendered by such employee.
(iii) Where an employee has to his credit 286 days or more of ordinary leaves, the further credit of 15 days ordinary leave shall be done at the beginning of each half year (on 1st January or 1st July) to the employee’s additional ordinary leave account and the ordinary leaves availed during the six-month period thereafter ending on 30th June or 31st December shall be deducted from such account:
Provided that if ordinary leaves sanctioned is for less than 15 days, the balance shall be credited to the ordinary leave account subject to the ceiling of 300 days at the close of that half year.
Provided further that an employee shall have his ordinary leaves sanctioned and availed before 30th June or 31st December as leaves beyond 300 days will lapse on 30th June or 31st December, as the case may be.
(iv) No employee shall earn ordinary leave when he is on leave other than casual leavefor a continuous period of more than 6 months. If an employee renders less than 6 months of service in any half year, he shall be credited with one day for every 11 days of duty.
(v) Fractions of a day of ordinary leave shall be taken as full day if amounting to half a day or more, and shall be ignored if amounting to less than half a day.”
XIV.In regulation 38 of the principal regulations,
i. sub-regulation (1) shall be substituted as follows:
“(1) An employee may be permitted to encash ordinary leave once every calendar year for a minimum period of 10 days and a maximum period of 30 days.
Provided that the employee has to his credit a balance of 180 days ordinary leaves or more after encashment.”
ii. in sub-regulation (3), after the words “the Authority who”, the words and symbols “upon completion of probation under sub regulation (1) of regulation 10 of these regulations,” shall be inserted.
XV.After sub-regulation (4) of regulation 40 of the principal regulations, the following subregulations shall be inserted, namely:-
“(5) A commissioning mother having less than two surviving children, who commissions a child through the applicable legal process, may be granted maternity leave for a period not exceeding 180 days within the overall admissibility of 360 days of maternity leave.
Explanation 1: A “commissioning mother” has been defined in section 3(ba) of the Maternity Benefit Act, 1961 (53 of 1961) as “a biological mother who uses her egg to create an embryo implanted in any other woman”.
Explanation 2: For the purpose of this sub-regulation, the period of maternity leave shall be calculated from the date the custody of the child is given to the commissioning mother.
(6) A female employee with less than two surviving children, on adoption of a child below the age of one year in accordance with the applicable law, may be granted maternity leave for a period of 180 days within the overall admissibility of 360 days of maternity leave, from the date the custody of the child is given to her.
Provided that the employee furnishes to the Authority, the adoption deed or any other document as may be sought by the Authority.”
XVI. After sub-regulation (2) of regulation 41 of the principal regulations, the following sub regulation shall be inserted, namely:-
“(2A) Paternity Leave for a period of fifteen days may also be granted to a male employee with less than two surviving children in a case where fatherhood is a result of surrogacy, within six months from the day the custody of the child is given to him.”
XVII. In regulation 54 of the principal regulations,
i. sub-regulation (1) shall be substituted as follows:
“54.Contributions to the print, social and digital / electronic media or any other media in public domain.- (1) No employee shall contribute to the print, social and digital / electronic media or any other media available in the public domain without the prior sanction of the Competent Authority or without such sanction make public or publish any document, paper or information which may come in his possession in his official capacity.”
ii. after proviso to sub-regulation (2), the following proviso shall be inserted, namely:-
“Provided further that where such sanction is granted by the Competent Authority for employee’s contribution to any print, social and digital / electronic media or any other media available in the public domain, he shall provide a disclaimer to the effect that the views expressed therein are his own and are not endorsed by the Authority.”
XVIII. Regulation 56 of the principal regulations,
i. in sub-regulation (1) the word “two” shall be replaced with the word “one”;
ii. in sub-regulation (3), the word “two” shall be replaced with the word “one”;
iii. after sub-regulation (3), the following proviso shall be inserted, namely:-
“Provided that the employee would be required to seek fresh approval from the Authority in the event of seeking employment with another intermediary registered with the Authority or associating in any other manner with another intermediary registered with the Authority, within the period of one year.”
iv. in proviso to sub-regulation (3), the words “however” shall be replaced with “further that”;
v. the paragraphs after proviso to sub-regulation (3) and before sub-regulation (4) shall be substituted as follows:
“(4) The competent authority while granting such approval shall satisfy itself regarding the appropriateness of granting the approval, having regard to dealing which the employee may have had with the said intermediary while in the services of the Authority; and may impose such conditions as may be necessary having regard to the circumstances of the case including prohibiting the employee from representing the intermediary in any manner before the Authority.”
vi. sub-regulation (4) shall be renumbered as (5).
XIX. Sub-regulation (1) of regulation 67 of the principal regulations shall be substituted as follows:
“67.Movable, immovable and valuable property.-(1) Every employee shall make a declaration of his assets and liabilities as specified from time to time under the Lokpal and Lokayuktas Act, 2013 (1 of 2014).
Provided that till the time the manner of such declaration is specified under Lokpal and Lokayuktas Act, 2013 (1 of 2014), the employees shall declare their assets and liabilities in the manner as specified from time to time with the approval of the Competent Authority.”
XX. Sub-regulation (3) of regulation 80 of the principal regulations shall be substituted as follows:
“(3) Any complaint of violation of sub-regulation (1) shall be dealt by the Complaints Committee set up by the Authority which shall
(i) be chaired by an officer;
(ii) consist of at least one outsider who is familiar with the issue of sexual harassment; and
(iii) be composed in such a manner that at least one half of its members are women
The Sexual Harassment of Women at Work Place (Prevention, Prohibition and Redressal) Act, 2013, and the rules framed thereunder, provisions of which shall prevail in case of any conflict with these regulations.”
XXI. In regulation 81 of the principal regulations,
i. after sub-regulation (2) and before the explanation, the following proviso shall be inserted, namely:-
“Provided that nothing contained in this regulation shall limit the power of the Competent Authority to direct recovery from an employee of the amount of pecuniary loss caused to the Authority by all means available to the Authority under the law including, to the extent permissible, from such amounts due from the Authority and payable to the employee, in addition to recovery of such loss from the pay, howsoever that the total amount so recovered does not exceed the amount of pecuniary loss quantified.”
ii. after explanation to sub-regulation (2), the following explanation shall be inserted, namely:-
“Explanation 2: For the purpose of this regulation, proceedings if instituted while the employee was in service whether before retirement/ repatriation to the parent cadre/ completion of contract period or during re-employment shall, after the final retirement/ repatriation to the parent cadre/ completion of contract period of the employee, be deemed to be a proceeding under this regulation and shall be continued and concluded by the Authority before which it commenced in the same manner as if the employee had continued in service.”
iii. the word “explanation” under sub-regulation (2) shall be replaced with “Explanation 1”.
XXII. After regulation 89 of the principal regulations, the following regulation shall be inserted, namely:-
“89A. Action against employees who have left the services of the Authority.-
(1) Where an employee who has resigned or retired from the services of the Authority or has completed the tenure of deputation/contract with the Authority is alleged to have indulged in corrupt practices during the period of service, then the said allegation shall be dealt with as per the procedure approved by the Competent Authority from time to time.
Explanation: For the purpose of this regulation, an allegation shall be deemed to indicate corrupt practice if the employee is alleged to have committed an act of criminal misconduct as provided in section 13 of the Prevention of Corruption Act, 1988 (49 of 1988) or is alleged to have acted for an improper purpose or in a corrupt manner or is alleged to have exercised or refrained from exercising the powers with an improper or corrupt motive.”
XXIII. In regulation 93 of the principal regulations, the words “permitted to join” shall be replaced with the words “deputed to”.
XXIV. Regulation 94 of the principal regulations shall be substituted as follows:
“94. Deputation and External Assignment.-
(1) An employee of the Authority may be sent on deputation or on external assignment to serve under any other employer:
Provided that such deputation or external assignment shall be pursuant to the approval of the Authority and shall be in accordance with such terms and conditions as may be specified by the Authority from time to time.
Provided further that an employee shall not be sent on deputation or on external assignment against his will.”
XXV. In regulation 95 of the principal regulations,
i. in sub-regulation (3), before the words “an employee who” the words “In the case of” shall be added;
ii. after sub-regulation (4), the following sub-regulation shall be inserted, namely:-
“(5) Notwithstanding anything contained in this regulation, the gratuity payable to an employee may be withheld either in full or part, during the pendency of any proceedings initiated against an employee under regulations 81 to 84 and the withheld gratuity shall be paid to the employee on conclusion of the proceedings, subject to the decision of the proceedings or any recoveries to be effected from the employee.”
XXVI.In regulation 97 of the principal regulations, after the words “Forms A to C” the words “as provided in the Appendix of these regulations” shall be added.
XXVII.In the Schedule of the principal regulations,
i. column 4 shall be deleted;
ii. in row 1 column 3, after the words “Age, Qualification & Experience for Direct recruits”, the words and symbols “/contract recruits, wherever applicable” shall be added;
iii. in row 1 column 6, after the words “Composition of the selection Committee”, the words and symbol “/Search cum Selection Committee” shall be added;
iv. in row 2, the provision in column 2 shall be substituted as follows:
“(a) Promotion;
(b) Deputation from Govt., Regulatory Bodies, RBI, Banks, Financial Institutions & Academic institutions;
(c) On contract basis.
2/3rd of the total posts from internal candidates and 1/3rd posts, not more than 3, to be filled by deputation/contract.
In case of non-availability in any category i.e., internal or deputation/ contract category, the available vacancy of one category may be filled with a suitable candidate from the other categories.”
v. in row 2 column 3, the letters “CWA” shall be replaced with the word “CMA”;
vi. in row 2, the provision in column 5shall be substituted as follows:
“Deputation from Govt, Regulatory Bodies, RBI, Banks, Financial Institutions, with not less than 20 years of experience in dealing with problems relating to pension/ financial sector or special knowledge/experience of law, investigation, Finance, Economics, Accountancy, Administration or any other discipline considered useful to the Authority.”
vii. in row 2, the provision in column 6shall be substituted as follows:
“For promotion: Chairperson and two other members of the Authority and two external experts to be nominated by the Chairman shall constitute the Selection Committee.
For Deputation/ contract: Chairman, two other members of the Authority and two external experts to be nominated by the Chairman shall constitute the Search-cum-Selection Committee.
In case of deputation from Government or other organisations, terms and conditions of deputation to befinalized in consultation with the lending organisation.”
viii. in row 3, the provision in column 3 shall be substituted as follows:
“Upper age of 45, 48 and 52 years for Grade D, E and F respectively.
For officers in the General Stream –
Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in any discipline/Bachelor’s Degree in Law/ Bachelor’s Degree in Engineering from a recognized University/Institute or Chartered Accountant/ Chartered Financial Analyst/ Company Secretary/ Cost Accountant.
*(Equivalent to a Master’s Degree in that discipline as recognized by the Association of IndianUniversities).
For officers in the Legal Stream –
Bachelor’s Degree in Law from a recognized University/ Institute.
For officers in the Research Stream –
Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in Economics/Commerce/ Business Administration/ Econometrics/ Quantitative Economics/ Financial Economics /Mathematical Economics/ Business Economics/ Agricultural Economics/ Industrial Economics/Business Analytics; orMaster’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in Finance/ QuantitativeFinance/ Mathematical Finance/ Quantitative Techniques/ International Finance/ Business Finance/International and Trade Finance/ Project and Infrastructure Finance/ Agri. Business Finance; or
Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in Statistics/Mathematical Statistics/ Statistics & Informatics/ Applied Statistics & Informatics/ Data Science/Artificial Intelligence/ Machine Learning/ Big Data Analytics; or
Master’s Degree in Mathematics and one year post graduate diploma in Statistics or related subjectsfrom a recognized University/ Institute.
*(Recognized equivalent to a Master’s Degree in that discipline by Association of Indian Universities).
For officers in the Information Technology Stream –
Bachelor’s Degree in Engineering in any branch or Bachelor’s Degree in any discipline with a postgraduate qualification (minimum two years’ duration) in computer science/ computer application/information technology from a recognized University / Institute.
For officers in the Engineering Stream –
Bachelor’s Degree in Civil Engineering or Bachelor’s Degree in Electrical Engineering from
arecognized University / Institute.
For officers in the Official Language (Rajbhasha) Stream –
Master’s Degree in Hindi/ Hindi Translation with English as a subject at the Bachelor’s Degree level; or Master’s Degree in Sanskrit/ English/ Economics/ Commerce with Hindi as a subject at Bachelor’s Degree level; or Master’s Degree in both English and Hindi/ Hindi Translation from a recognized University/ Institute.
For officers in the Finance & Accounts Stream –
Graduation from a recognized university/ Institute and CA / CMA / CS / CFA.
For officers in the Actuarial Stream –
Graduation from a recognized university/ Institute and Fellow of the Institute of Actuaries of India (IAI).”
ix. in row 4, the provision in column 3, except the words and symbols “Bachelor’s Degree in Engineering (electrical/ electronics and communication / information technology / computer science) / Masters in Computer Application / any Bachelor’s Degree in discipline with a post graduate qualification (minimum 2 years duration) in computers / information technology OR Bachelor’s Degree in Engineering with specialization in Artificial Intelligence (AI) and Machine Learning (ML) / Masters in Computer Application with specialization in AI and ML / Bachelor’s Degree in Science with specialization in AI and ML/ Bachelor’s Degree in any discipline with a post graduate qualification (minimum 2 years duration) in computers/ information technology with specialization in AI and ML for officers in Technical Stream (Information System)”,shall be substituted with the following, namely:-
“Upper age of 30, 30 and 35 years for Grade A, B and C respectively.
For officers in the General Stream –
Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in any discipline/ Bachelor’s Degree in Law/ Bachelor’s Degree in Engineering from a recognized University/ Institute or Chartered Accountant/ Chartered Financial Analyst/ Company Secretary/ Cost Accountant.
*(Equivalent to a Master’s Degree in that discipline as recognized by the Association of Indian Universities).
For officers in the Legal Stream –
Bachelor’s Degree in Law from a recognized University/ Institute. In addition to the qualification specified for the Legal Stream, two years’ post qualification experience as an Advocate (including as an associate in an Advocate’s or Solicitor’s Office or Law Firm) after being enrolled under the Advocates Act, 1961(25 of 1961) shall be a desirable qualification.
For officers in the Research Stream –
Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in Economics/ Commerce/ Business Administration/ Econometrics/ Quantitative Economics/ Financial Economics / Mathematical Economics/ Business Economics/ Agricultural Economics/ Industrial Economics/ Business Analytics; or Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in Finance/ Quantitative Finance/ Mathematical Finance/ Quantitative Techniques/ International Finance/ Business Finance/ International and Trade Finance/ Project and Infrastructure Finance/ Agri. Business Finance; or
Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in Statistics/ Mathematical Statistics/ Statistics & Informatics/ Applied Statistics & Informatics/ Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics; or
Master’s Degree in Mathematics and one year post graduate diploma in Statistics or related subjects from a recognized University / Institute.
*(Recognized equivalent to a Master’s Degree in that discipline by Association of Indian Universities).
For officers in the Engineering Stream –
Bachelor’s Degree in Civil Engineering or Bachelor’s Degree in Electrical Engineering from a recognized University/ Institute.
Desirable Experience for Civil Engineers –
(i) Experience in maintenance of Office and Residential properties/ colonies.
(ii) Experience of administering construction projects in all its aspects andknowledge of PERT/ CPM techniques.
(iii) Working knowledge of Computer in Structural Design inCAM/ CAD/ MS Project or Primavera evaluation and analyzing of tenders with special references.
(iv) Working knowledge in structural rehabilitation works.
(v) Experience in Construction and Project Management.
Desirable Experience for Electrical Engineers –
(i) Working knowledge of electronic systems like CCTV surveillance systems, Addressable Security Alarm and Fire Alarm systems, EPABX, UPS system, etc.
(ii) Experience in maintenance of lifts, pumps, air-conditioning plants, etc.
(iii) Experience of administering construction projects in all its aspects and knowledge of PERT/CPM techniques.
For officers in the Official Language (Rajbhasha) Stream –
Master’s Degree in Hindi/ Hindi Translation with English as a subject at the Bachelor’s Degree level; or Master’s Degree in Sanskrit/ English/ Economics/ Commerce with Hindi as a subject at Bachelor’s Degree level; or Master’s Degree in both English and Hindi/ Hindi Translation from a recognized University / Institute.
For officers in the Finance & Accounts Stream –
Graduation from a recognized university/ Institute and CA / CMA / CS / CFA.
For officers in the Actuarial Stream –
Graduation from a recognized university/ Institute and Pass or exemption in all seven (7) ‘Core Principles’ subjects of the Institute of Actuaries of India (IAI) Examination.
Minimum four years’ post Qualification experience for Grade C in the applicable field as an advocate or as an officer in reputed Institution preferably in the area of financial services or any such similar experience.”
x. after the table, in clause 1, under the heading “General / Relaxation”, sub-clause (a) shall be omitted and sub-clauses (b), (c) and (d) shall be renumbered as sub-clauses (a), (b) and (c) respectively.
Shri SIVASUBRAMANIAN RAMANN, Chairperson
[ADVT.-III/4/Exty./411/2025-26]
Footnote:
1. The Pension Fund Regulatory and Development Authority (Employees’ Service) Regulations, 2015 were published in the Gazette of India on 14th May, 2015 vide notification No. PFRDA/12/RGL/139/11; and subsequently amended by –
- The Pension Fund Regulatory and Development Authority (Employees’ Service) (First Amendment) Regulations, 2018 were published in the Gazette of India on 31st October, 2018 vide Notification No. PFRDA/12/RGL/139/11.
- The Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2020 were published in the Gazette of India on 28th April, 2020 vide Notification No. PFRDA/ 12/RGL/139/11.
- The Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2021 were published in the Gazette of India on 24th March, 2021 vide Notification No. PFRDA/12/RGL/139/11.
- The Pension Fund Regulatory and Development Authority (Employees’ Service) (Second Amendment) Regulations, 2021 were published in the Gazette of India on 1st July, 2021 vide Notification No. PFRDA/12/RGL/139/11.
- The Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2022 were published in the Gazette of India on 13th April, 2022 vide Notification No. PFRDA/12/RGL/139/11.
- The Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2022 were published in the Gazette of India on 9th June, 2025 vide Notification No. PFRDA/05/1/0025/2017-HR.
COMMENTS