PFRDA Assistant Manager Notification 2024, Download PDF
PFRDA Assistant Manager Notification
PFRDA Assistant Manager Notification will be released soon on the official website. The Pension Fund Regulatory and Development Authority (PFRDA) will release the notification for the recruitment of Assistant Managers, creating a buzz in the job market as it is one of the most demanded jobs. This announcement will open up exciting opportunities for aspiring candidates looking to build a career in the financial sector. Aspirants can gear up for a challenging yet rewarding journey by applying for this position.
PFRDA Assistant Manager Notification 2024
The PFRDA Assistant Manager Notification 2024 is expected to bring forth new prospects for candidates seeking employment in the financial regulatory domain. All the important details such as the eligibility criteria, application process, important dates, etc will be made available in PFRDA Assistant Manager Notification. Aspirants must stay encouraged and start utilizing the extra time they have for their preparation.
PFRDA Assistant Manager Notification 2024 - Overview
Pension Fund Regulatory and Development Authority (PFRDA Authority), is a statutory regulatory body in the financial sector established under PFRDA Act. Check out the basic overview of the exam in the table below:
| Particulars | Details |
| Exam Conducting Authority | Pension Fund Regulatory and Development Authority (PFRDA) |
| Exam Name | PFRDA Assistant Manager |
| Post Name | Assistant Manager |
| Application Mode | Online |
| Category | Regulatory Exams |
| Job Location | All Over India |
| Official Website | PFRDA |
PFRDA Assistant Manager Notification 2024 - Important Dates
The candidates must be aware of all the important dates so they do not miss out on any information. As the 2024 notification has not been released, we have provided the dates for previous cycle as well.
| Events | Date (2024) | Date (2022) |
| Notification Release Date | To be Updated | 9th September 2022 |
| Application Start Date | To be Updated | 15th September 2022 |
| Application Last Date | To be Updated | 7th October 2022 |
| Last date for online fee payment | To be Updated | 7th October 2022 |
| Prelims Admit Card Release Date | To be Updated | 27th October 2022 |
| Prelims Exam Date | To be Updated | 5th November 2022 |
| Prelims Result Date | To be Updated | 21st November 2022 |
| Mains Admit Card Release Date | To be Updated | 25th November 2022 |
| Mains Exam Date | To be Updated | 4th December 2022 |
| Mains Result Date | To be Updated | 13th January 2022 |
| Interview Date | To be Updated | 30th January 2023 to 14th February 2023 |
| Final Result Date | To be Updated | 3rd May 2023 |
PFRDA Assistant Manager Notification 2024 - PDF
PFRDA will release the notification for the recruitment of Assistant Manager soon on the official website. Till then, the candidates must check out the previous year's notification for the reference. The PFRDA Assistant Manager Notification 2024 will be updated here as and when released.
Download PFRDA Assistant Manager Notification PDF 2022
PFRDA Assistant Manager Vacancy 2024
The candidates must note that PFRDA Assistant Manager Vacancy 2024 will be released along with the PFRDA Assistant Manager Notification 2024. Till then the candidates must check the PFRDA Assistant Manager Vacancy for previous cycle in the table below:
| Stream | SC | ST | OBC | EWS | UR/GEN | Total Posts |
| General | 3 | 1 | 5 | 2 | 4 | 15 |
| Finance and Accounts | - | - | - | - | 2 | 2 |
| Information Technology | - | - | - | - | 1 | 1 |
| Research (Economics) | - | - | - | - | 1 | 1 |
| Legal | - | - | - | - | 2 | 2 |
| Official Language (Rajbhasha) | - | - | - | - | 1 | 1 |
| Total | 3 | 1 | 5 | 2 | 11 | 22 |
PFRDA Assistant Manager Notification 2024 - Apply Online
The application window for PFRDA Grade A/ Assistant Manager Posts will be open soon. The candidates will be able to apply online through the official website. The candidates must note that the below given link is inactive as of now and will be updated as soon as released.
Direct Link for PFRDA Assistant Manager Apply Online 2024 (Link Inactive)
Steps for PFRDA Assistant Manager Apply Online
Check out the steps given below:
- Use the apply online link given above or visit the PFRDA's official website.
- To register your application, choose the tab "Click Here for New Registration" and enter your Name, Contact details, Email ID and other required details. A provisional registration number and password will be generated by the system and displayed on the screen. Note down the provisional registration number and Password. An email & SMS indicating the provisional registration number and password will also be sent.
- In case you are unable to complete the application form in one go, you can save the data already entered by choosing the "Save & Next" tab. Prior to submission of the online application, you are advised to use the "Save & Next" facility to verify the details in the online application form and modify the same if required.
- You are advised to carefully fill and verify the details filled in the online application themselves as no change will be possible/ entertained after clicking the "Complete Registration" tab.
- Your Name and your father/husband's name etc. should be spelt correctly in the application as it appears in the certificates/mark sheets. Any change/alteration found may disqualify the candidature.
- Validate your details and save your application by clicking the "Validate your details" and "Save & Next" buttons.
- Pay the application fee & finally submit the application form.
PFRDA Assistant Manager Notification 2024 - Eligibility
As the PFRDA releases the recruitment is various streams, so the educational qualification required differs as per the stream. We have mentioned the detailed eligibility criteria here.
PFRDA Assistant Manager Notification 2024 - Age Limit
The reference date for the calculation of the age limit will be notified in the notification. The upper age limit for the aspirants is 30 years.
Age Relaxation
Category-wise age relaxation is provided below :
| Category | Age relaxation |
| SC/ST | 05 |
| OBC (NCL) | 03 |
| Person with Benchmark Disability General OBC- NCL SC/ST | 10 13 15 |
| Ex- Servicemen | 5 |
PFRDA Assistant Manager Notification 2024 - Educational Qualification
Check out the stream wise educational qualification in the table below:
| Streams | Educational Qualification |
| General | Master's Degree in any discipline OR Bachelor' s Degree in Law OR Bachelor's degree in Engineering from a recognized University OR ACA/ FCA from ICAI or ACS/ FCS from ICSI or ACMA/ FCMA from ICMAI (erstwhile AICWA/ FICWA from ICWAI) OR CFA from CFA Institute |
| Finance and Accounts | Graduation from a recognized university and ACA/ FCA from ICAI OR ACS/ FCS from ICSI OR ACMA/ FCMA from ICMAI (Erstwhile AICWA/ FICWA from ICWAI) OR CFA from CFA Institute. |
| Information Technology | Bachelor's Degree in Engineering (electrical / electronic and communication / information technology / computer science) OR Master's in computer application OR Bachelor's degree in any discipline with a postgraduate qualification (minimum 2 years duration) in computers/information technology. Minimum Experience: Post Qualification experience of 2 years in the field of Information Technology. |
| Research (Economics) | Master's Degree in Statistics/ Economics/ Commerce/ Business Administration (Finance)/ Econometrics. |
| Legal | Bachelor's Degree in Law from a recognized University/ Institute. |
| Official Language (Rajbhasha) | Master's Degree in Hindi with English as one of the subjects 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 from a recognized University/ Institute. |
PFRDA Assistant Manager Notification 2024 - Selection Process
For the final selection as Assistant Managers, the candidates will have to go through a three tiered selection process. The stages involved in the selection process are:
- Phase I (online Screening examination)
- Phase II (online examination)
- Phase III (interview)
PFRDA Assistant Manager Notification 2024 - Exam Pattern
The detailed exam pattern of all the phases has been mentioned in the subsections below, check it out:
PFRDA Assistant Manager Notification 2024 - Phase I Exam Pattern
Check out the detailed Phase I Exam Pattern:
- Phase I is divided into two papers i.e. Paper 1 & Paper 2.
- Paper 1 contains MCQs for all streams & is common for all streams.
- Paper 2 contains MCQs on specialised subjects/ streams.
- Duration: 60 minutes for Paper 1 & 40 minutes for Paper 2
- Negative Marking: 1/4th of marks assigned to the question
- Nature : Qualifying in nature (will not be counted for final selection)
| Paper 1 Streams/ Subject | Maximum Marks | No. of Questions |
| English Language | 25 | 20 |
| Quantitative Aptitude | 25 | 20 |
| Test of Reasoning | 25 | 20 |
| General Awareness (including some questions related to Financial Sector) | 25 | 20 |
| Total | 100 | 80 |
| Paper 2 Streams/ Subject | Maximum Marks | No. of Questions |
| General Stream: MCQs on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector. | 100 | 50 |
| MCQs on Specialised Subject Related to Streams (Information Technology, Finance and Accounts, Research (Economics), Legal and Official Language (Rajbhasha) | 100 | 50 |
PFRDA Assistant Manager Notification 2024 - Phase II Exam Pattern
There shall be negative marking (1/4th of marks assigned to the question) for the Paper 2 in
Phase II. Paper 1 will be evaluated only of such candidates who obtain minimum qualifying marks in Paper 2. Check out the detailed Phase II Exam Pattern:
| Papers | Streams/ Subject | Maximum Marks | No. of Questions | Duration |
| Paper 1 | All Streams: English (Descriptive Test) to test the drafting skills | 100 | 3 | 60 minutes |
| Paper 2 | General Stream: MCQs on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics and Pension Sector. | 100 | 50 | 40 minutes |
| Paper 2 | MCQs on Specialised subjects related to stream: Information Technology, Finance and Accounts Research (Economics), Legal and Official Language (Rajbhasha) | 100 | 50 | 40 minutes |
PFRDA Assistant Manager Notification 2024 - Phase III Exam Pattern
The marks obtained in Phase II On-line Examination will be allotted a weightage of 85%, while the marks obtained in Phase III Interview will be allotted a weightage of 15%. Candidate may opt for interview either in Hindi or English.
PFRDA Assistant Manager Notification 2024 - Salary
The pay scale of Officers in Grade ‘A' is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-
85850-3300(1)-89150 (17 years). Presently, the gross emolument including PFRDA's contribution towards National Pension System (NPS) and various allowances at the minimum of scale is approx. Rs. 1,40,000/- per month.
PFRDA Grade A Officer's Probation Period
The successful candidates recruited for the post of Officer Grade ‘A' (Assistant Manager) shall undergo probation of one year.
PFRDA Grade A Officer's Allowances
- 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 Grade A Officer's Benefits and Perks
Other benefits include viz.,
- 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
and all other benefits are admissible to an Officer Grade ‘A' in PFRDA.
PFRDA Grade A Officer's Qualification Allowance
In addition to pay and benefits, a Grade A officer would also be eligible for qualification allowance as under:
| Qualification | Completion Level | Qualification Allowance per month |
|---|---|---|
Actuarial | Fellow of the Institute of Actuaries of India (IAI) | Rs. 80,000/- |
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 Grade A Officer's 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 be posted to any department, irrespective of stream.
Exam Date
To be Updated
Total Vacancies
To be Updated
Download Notification
FAQs
A. Candidates are permitted to apply for a maximum of 2 streams only for which he/she is eligible to apply, as per their educational qualifications. Separate online applications for each stream will have to be submitted and requisite fees are to be paid for each application. In case a candidate applies more than once in a Single Stream and/ or applies for more than 2 Streams, only the latest applications shall be considered valid and the other applications shall be rejected.
A. The mode of selection would be a three-stage process i.e.
Phase 1 (online screening examination consisting of two papers of 100 marks each),
Phase 2 (online examination consisting of two papers of 100 marks each) and
Phase 3 (Interview).
A. The vacancies are yet to be released for Assistant Manager Post.
A. You would need to secure separate cut-offs in each paper as well as aggregate cut-off marks in Phase 1 to be shortlisted for Phase 2.
The minimum aggregate cut-off marks for being shortlisted for Phase 2 will be decided by the Authority in relation to the number of vacancies.
Marks obtained in Phase 1 shall be used only for shortlisting for Phase 2 and will not be counted for the final selection of the candidates.
A. About PFRDA: Pension Fund Regulatory and Development Authority (PFRDA/Authority), is a statutory regulatory body in the financial sector established under the PFRDA Act (23 of 2013) passed by the Parliament of India with the mandate to promote, develop and regulate the Pension Sector in India.
A. Presently, the gross emolument, including PFRDA's contribution towards the National Pension System (NPS), GradeAllowance, Special Allowance, Special Grade Allowance, Dearness Allowance, Local Allowance, Family Allowance, SpecialCompensatory Allowance, LearningAllowance and Housing Allowance, etc. at the minimum of scale, is approximately Rs. 1,40,000/- per month.
PFRDA Grade A Officer's Payscale: The pay scale of Officers in Grade ‘A' is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)- 85850-3300(1)-89150 (17 years).
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