I. MODE OF SELECTION: Mode of selection shall be a three-stage process i.e. Phase I (on – line Screening
examination consisting of two papers of 100 marks each), Phase II (on – line examination consisting of
two papers of 100 marks each) and Phase III (Interview).
a. PHASE I ON-LINE EXAMINATION:
An on – line screening examination consisting of two papers (Multiple Choice questions of 100 marks
each) will be held on a date to be declared on the website of PFRDA, shortly. The exam will consist of:
i. There shall be negative marking (1/4th of marks assigned to the question) for the Paper 1 and
Paper 2 in Phase I.
ii. Candidates would need to secure separate cut-offs in each paper as well as aggregate cut-off
marks in Phase I to be shortlisted for Phase II.
iii. The minimum aggregate cut-off marks for being shortlisted for Phase II will be decided by the
Authority in relation to the number of vacancies.
iv. Marks obtained in Phase I shall be used only for shortlisting candidates for Phase II and will
not be counted for final selection of the candidates.
v. Qualified candidates will be intimated the date and time for Phase II by e- mail and/or call letter and list
of such candidates will also be made available on the website of PFRDA.
b. PHASE II ON-LINE EXAMINATION:
An on – line examination consisting of two papers of 100 marks each will be held on a date to be declared
i. Candidates shortlisted for Phase II will be issued new call letter.
ii. For candidates who have applied in multiple streams, Paper II will be conducted in various
shifts, the timings of which will be intimated in the call letter.
iii. There shall be negative marking (1/4th of marks assigned to the question) for the Paper 2 in
Phase II.
iv. Candidates would need to secure separate cut-offs in each paper as well as aggregate cut-off
marks in Phase II to be shortlisted for Phase III.
v. The minimum aggregate cut-off marks for being shortlisted for Phase III will be decided by the
Authority in relation to the number of vacancies.
vi. Paper 2 will be evaluated only of such candidates who obtain minimum qualifying marks in
Paper 1.
vii. Qualified candidates will be intimated the date and time for Phase II by e- mail and/or call letter and list
of such candidates will also be made available on the website of PFRDA.
Note I: All question papers (in both the Phase I & Phase II, except the Test of English) will be set bilingually
in Hindi and English.
Note II: Syllabus for the papers in both the Phase I & Phase II is available in the Annexure to this
Advertisement.
c. PHASE III INTERVIEW:
Only the shortlisted candidates will be called for interview. Application-cum-intimation fee shall not be
refunded to the candidates not shortlisted for Phase II on-line examination and Phase III Interview.
Candidate may opt for interview either in Hindi or English.
Note: 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%.
PFRDA reserves the right to modify the selection process at any stage, if deemed fit.
II. SERVICE CONDITIONS / PAY AND ALLOWANCES:
a. Probation: The successful candidates recruited for the post of Officer Grade ‘A’ (Assistant
Manager) shall undergo probation of one year. The candidates shall be confirmed in the services of
PFRDA subject to their satisfactory performance during the probation period.
b. Pay: The pay scale of Officers in Grade ‘A’ is Rs. 28150-1550(4)-34350-1750(7)-46600- EB1750(4)-53600- 2000(1)-55600 (17 years).
Presently, the gross emolument includes PFRDA’s contribution towards National Pension System
(NPS), Grade Allowance, Special Allowance, Dearness Allowance, Local Compensatory Allowance
and Housing Allowance.
c. Benefits: 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 and all other
benefits as are admissible to an Officer Grade ‘A’ in PFRDA.
Total CTC consisting of Pay and Benefits for the post of Officer Grade ‘A’ at the beginning of scale
of pay would be approx. Rs. 18.00 Lacs per annum.
d. Qualification Pay: In addition to pay and benefits, a candidate appointed as Officer Grade ‘A’ would
also be eligible for qualification pay 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/-
e. Posting: The recruited officer may be transferred to any location in India where PFRDA has its
Offices and posted to any department in PFRDA, irrespective of stream.
III. EXAMINATION CENTRES:
a. The Phase I and Phase II on-line examination will be held at the following centers:
East Zone West Zone North Zone South Zone Central Zone
Kolkata Mumbai / Navi
Mumbai / Thane
Chandigarh /
Mohali
Chennai Bhopal
Patna Ahmedabad /
Gandhinagar
Delhi / NCR Hyderabad Nagpur
Guwahati Jaipur Lucknow Trivandrum Raipur
Bhubaneshwar Bangalore
Ranchi
b. Candidates can provide their preference of upto three centers center for Phase I and one center for
Phase II in the online application. Choice of center by candidates for Phase I and Phase II
Examinations can be different and must be indicated in the online application. Candidates will appear
for the online examination at an Examination Center, as mentioned in the call letter, irrespective of
their choice, at their own risks and expenses. PFRDA does not make any arrangements for
travelling/boarding/lodging of candidates. PFRDA will not be responsible for any injury or losses etc.
of any nature during the course of examination.
c. Note: Notwithstanding the aforesaid provision, PFRDA reserves the right to change the center at its
discretion. All the Examination Centers will cater to examination for Low Vision Candidates in their
respective centers. Candidates admitted to the examination will be informed of the time table and
place or places of examination. The candidates should note that no request for change of center will
be entertained under any circumstances.
d. Candidates applying for two streams should opt for the same centers for Phase I and Phase II at the
time of applying.
e. The venue for the Phase III Interview will be intimated to the shortlisted candidates in their interview
call letter.
IV. APPLICATION-Cum-INTIMATION FEE (NON-REFUNDABLE):
Category of Applicant Amount of Fee (Non-Refundable) (in INR)
Unreserved/GEN, EWS & OBC Rs. 800/-
SC/ST/PwBD/Women Nil
Important Note: Separate on-line applications for each stream will be required to be filled with
payment of requisite fee to be paid for each such application.
V. NOTE FOR PERSONS WITH BENCHMARK DISABILITIES:
Definition of Person with Benchmark Disabilities
Reservation has been provided to Persons with Benchmark Disabilities as per Section 34 of “Rights of
Persons With Disabilities Act, 2016”. The disabilities specified in the Schedule of Rights of Persons With
Disabilities Act, 2016 are as below:
1. Physical Disability:
A. Locomotor disability (a person's inability to execute distinctive activities associated with movement
of self and objects resulting from affliction of musculoskeletal or nervous system or both), including:
(a) "leprosy cured person" means a person who has been cured of leprosy but is suffering from:
(i) loss of sensation in hands or feet as well as loss of sensation and paresis in the eye and eyelid but with no manifest deformity;
(ii) manifest deformity and paresis but having sufficient mobility in their hands and feet to enable
them to engage in normal economic activity;
(iii) extreme physical deformity as well as advanced age which prevents him/her from undertaking
any gainful occupation, and the expression "leprosy cured" shall construed accordingly;
(b) "cerebral palsy" means a Group of non-progressive neurological condition affecting body
movements and muscle coordination, caused by damage to one or more specific areas of the
brain, usually occurring before, during or shortly after birth;
(c) "dwarfism" means a medical or genetic condition resulting in an adult height of 4 feet 10 inches
(147 centimeters) or less;
(d) "muscular dystrophy" means a group of hereditary genetic muscle disease that weakens the
muscles that move the human body and persons with multiple dystrophy have incorrect and
missing information in their genes, which prevents them from making the proteins they need for
healthy muscles. It is characterized by progressive skeletal muscle weakness, defects in muscle
proteins, and the death of muscle cells and tissue;
(e) "acid attack victims" means a person disfigured due to violent assaults by throwing of acid or
similar corrosive substance.
B. Visual impairment:
(a) "blindness" means a condition where a person has any of the following conditions, after best
correction:
(i) total absence of sight; or
(ii) visual acuity less than 3/60 or less than 10/200 (Snellen) in the better eye with best possible
correction; or
(iii) limitation of the field of vision subtending an angle of less than 10 degree.
(b) "low-vision" means a condition where a person has any of the following conditions, namely:
(i) visual acuity not exceeding 6/18 or less than 20/60 upto 3/60 or upto 10/200 (Snellen) in the better
eye with best possible corrections; or
(ii) limitation of the field of vision subtending an angle of less than 40 degree up to 10 degree.
C. Hearing impairment:
(a) "deaf" means persons having 70 DB hearing loss in speech frequencies in both ears;
(b) "hard of hearing" means person having 60 DB to 70 DB hearing loss in speech frequencies in
both ears;
2. Intellectual disability, a condition characterized by significant limitation both in intellectual functioning
(reasoning, learning, problem solving) and in adaptive behavior which covers a range of every day,
social and practical skills, including:
(a) "specific learning disabilities" means a heterogeneous group of conditions wherein there is a
deficit in processing language, spoken or written, that may manifest itself as a difficulty to
comprehend, speak, read, write, spell, or to do mathematical calculations and includes
such conditions as perceptual disabilities, dyslexia, dysgraphia, dyscalculia, dyspraxia
and developmental aphasia;
(b) "autism spectrum disorder" means a neuro-developmental condition typically appearing in the first
three years of life that significantly affects a person's ability to communicate, understand
relationships and relate to others, and is frequently associated with unusal or stereotypical rituals
or behaviours.
(c) "mental illness" means a substantial disorder of thinking, mood, perception, orientation or
memory that grossly impairs judgment, behaviour, capacity to recognize reality or ability to meet
the ordinary demands of life, but does not include retardation which is a conditon of arrested or
incomplete development of mind of a person, specially characterised by subnormality of
intelligence.
3. Multiple Disabilities (more than one of the above specified disabilities) including deaf blindness which
means a condition in which a person may have combination of hearing and visual impairments
causing severe communication, developmental, and educational problems.
GUIDELINES FOR PERSONS WITH DISABILITIES USING A SCRIBE
The visually impaired candidates and candidates whose writing speed is adversely affected permanently
for any reason can use their own scribe at their cost during the online examination. In all such cases where
a scribe is used, the following rules will apply:
Candidate should ensure that he/ she is eligible to use a scribe as per the Government of India
rules governing the recruitment of Persons with Benchmark Disabilities.
The candidate will have to arrange his / her own scribe at his/her own cost.
The scribe should be from an academic stream different from that stipulated for the post.
Both the candidate as well as scribe will have to give a suitable undertaking in the prescribed
format with passport size photograph of the scribe along with call letter at the time of examination
confirming that the scribe fulfils all the stipulated eligibility criteria for a scribe mentioned above.
Further in case it later transpires that he/she did not fulfill any laid down eligibility criteria or
suppressed material facts the candidature of the applicant will stand cancelled, irrespective of
the result of the online examination. Proforma of undertaking will be made available on
PFRDA website on or before the Call Letters for the online examination are made
available on the PFRDA website.
Those candidates who use a scribe shall be eligible for compensatory time of 20 minutes for every hour of the examination or as otherwise advised.
A person acting as scribe for one candidate cannot be a scribe for another candidate. In addition
the scribe arranged by the candidate should not be a candidate for the same examination. If
violation of the above is detected at any stage of the process, candidature of both the candidate
and the scribe will be cancelled. Candidates eligible for and who wish to use the services of a
scribe in the examination should invariably carefully indicate the same in the online application
form. Any subsequent request may not be favorably entertained.
Only candidates registered for compensatory time will be allowed such concessions since
compensatory time given to candidates shall be system based, it shall not be possible for the test
conducting agency to allow such time if he / she is not registered for the same. Candidates not
registered for compensatory time shall not be allowed such concessions.
(i) Guidelines for Candidates with locomotor disability and cerebral palsy:
A compensatory time of twenty minutes per hour or otherwise advised shall be permitted for the
candidates with locomotor disability and cerebral palsy where dominant (writing) extremity is
affected to the extent of slowing the performance of function (minimum of 40%impairment).
(ii) Guidelines for Visually Impaired candidates:
Visually Impaired candidates (who suffer from not less than 40% of disability) may opt to view
the contents of the test in magnified font and all such candidates will be eligible for compensatory
time of 20 minutes for every hour or otherwise advised of examination.
Visually Impaired candidates under Low Vision, who use scribe, may skip the non-verbal
questions, if any, in Test of Reasoning and questions on Table/Graph, if any, in Test of
Quantitative Aptitude. The candidates will be awarded marks for such Section based on the
overall average obtained in other Sections of the respective test.
These guidelines are subject to change in terms of Government of India guidelines/ clarifications,
if any, from time to time.
GUIDELINES FOR PERSONS WITH DISABILITIES
i. A compensatory time of twenty minutes per hour shall be permitted for the candidates with
locomotor disability and cerebral palsy where dominant (writing) extremity is affected to the extent
of slowing the performance of function (minimum of 40% impairment) and for Visually Impaired
candidates under Low Vision (who suffer from not less than 40% of disability).
ii. Visually Impaired candidates (who suffer from not less than 40% of disability) may opt to view
the contents of the test in magnified font and all such candidates will be eligible for compensatory
time of 20 minutes for every hour of examination. The facility of viewing the contents of the test
in magnifying font will not be available to Visually Impaired candidates who use the services of a
Scribe for the examination.
The scribe will be allowed to be used as per the guidelines issued vide Office Memorandum F.No.16-
110/2003- DDIII dated February 26, 2013 of Government of India, Ministry of Social Justice and
Empowerment, Department of Disability Affairs, New Delhi.
The above guidelines are subject to change in terms of GOI guidelines/ clarifications, if any, from time to
time.
for details visit the official website and notification
