The federal government has began the seek for a successor to Pension Fund Regulatory and Growth Authority (PFRDA) chairman Supratim Bandyopadhyay whose time period is ending in January subsequent yr.
PFRDA chairperson holds workplace for 5 years or until the age of 65 years.
The chairperson is entitled to a consolidated wage of Rs 4.50 lakh monthly with out facility of home and automotive, the finance ministry mentioned whereas inviting utility for the submit.
In addition to senior authorities officers, non-public sector staff who’ve labored on the stage of CEO, CFO, COO or equal are additionally eligible to use for submit. The place can also be open for individuals from educational background.
The appointment could be made by the central authorities on the advice of the Monetary Sector Regulatory Appointments Search Committee (FSRASC).
The FSRASC can also be free to determine and suggest some other particular person, on the idea of benefit, who has not utilized for the submit.
The final date for making use of for the submit is September 5.
PFRDA regulates the Nationwide Pension System subscribed by the federal government in addition to non-public staff from organised and unorganised sectors.
(Solely the headline and film of this report might have been reworked by the Enterprise Normal workers; the remainder of the content material is auto-generated from a syndicated feed.)
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