Reconstitution of Pension Advisory Committee (PAC): PFRDA Notification

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Reconstitution of Pension Advisory Committee (PAC): PFRDA Notification

Reconstitution of Pension Advisory Committee (PAC): PFRDA Notification dated 05.01.2026

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
NOTIFICATION

New Delhi, the 5th January, 2026

F. No. PFRDA-01/13/13/0004/2025-PAC.—In exercise of the powers conferred by sub-section (1) of section 45 of the Pension Fund Regulatory and Development Authority Act, 2013 (Act 23 of 2013), and in terms of the sub regulation 4 of the regulation 6 of Pension Fund Regulatory and Development Authority (Pension Advisory Committee Meetings) Regulations, 2015, the Authority hereby reconstitutes the Pension Advisory Committee constituted earlier vide Gazette Notification dated 19th May, 2022, with effect from the date of this notification. The reconstituted Pension Advisory Committee is as under:

  1. Deputy Secretary (Establishment II), Department of Personnel & Training
  2. Deputy Controller General of Accounts (Technical Advice), Department of Expenditure, Ministry of Finance
  3. Director (A/Cs), Department of Posts, New Delhi
  4. Director (Fin/Budget), Defence Finance, as representative of Ministry of Defence
  5. Director, Budget, Department of Finance, Bhopal, Government of Madhya Pradesh
  6. Chief Executive-Indian Banks’ Association
  7. Chairman, NPS Trust
  8. Managing Director & Chief Executive Officer, SBI Pension Funds Private Limited
  9. Managing Director & Chief Executive Officer, Axis Pension Fund Management Limited
  10. Managing Director & Chief Executive Officer, Protean e-Gov Technologies Limited. (formerly NSDL e-Governance Infrastructure Ltd.)
  11. Director, National Institute of Bank Management, Pune
  12. President, Institute of Actuaries of India
  13. Chief Executive Officer, Fixed Income Money Market and Derivatives Association of India
  14. Chairman – CII-National Committee on Insurance & Pensions
  15. Dr. M.S. Sahoo, former Chairperson, IBBI
  16. Shri Dhirendra Kumar, Founder & CEO, Value Research
  17. Ms Chitra Jayasimha, Expert in Actuarial Science and Ex-Chairman, NPS Trust
    The Chairperson and the Members of the Authority shall be the ex officio Chairperson and ex officio members of the Pension Advisory Committee.

SIVASUBRAMANIAN RAMANN, Chairperson
[ADVT.-III/4/Exty./590/2025-26]

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