PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY NEW DELHI RECRUITMENT OF OFFICER GRADE ‘A’ (ASSISTANT MANAGER)

 PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY NEW DELHI

Advt. no. 03/2021 13 August, 2021 

RECRUITMENT OF OFFICER GRADE ‘A’ (ASSISTANT MANAGER) 2021 - 

IN GENERAL, ACTUARIAL, FINANCE & ACCOUNTS, INFORMATION TECHNOLOGY, OFFICIAL LANGUAGE (RAJBHASHA), RESEARCH (ECONOMICS) AND RESEARCH (STATISTICS) STREAMS

Pension Fund Regulatory and Development Authority (PFRDA/ Authority), is a statutory regulatory body in the financial sector established under PFRDA Act (23 of 2013) passed by the Parliament of India with the mandate to promote, develop and regulate the Pension Sector in India.

Applicants desirous of securing job at PFRDA are hereby cautioned not to fall prey to any unscrupulous elements who may try to deceive candidates/public by false promises of securing jobs in PFRDA. In case any candidate comes across such offer/ practice, the same may be immediately brought to the notice of PFRDA at recruitment.hr@pfrda.org.in, with full details, such as name and contact details, of the elements indulging in such practice. PFRDA invites applications from Indian citizens for filling up the posts of Officer Grade ‘A’ (Assistant Manager) for the General, Actuarial, Finance & Accounts, Information Technology, Official Language (Rajbhasha), Research (Economics) and Research (Statistics) Streams. PFRDA reserves the right to increase or decrease, fill up or not to fill up the posts or terminate this process at any stage and accordingly, the applicants shall have no right to participate further in the selection process. 

Abbreviations: SC: Scheduled Caste, ST: Scheduled Tribe, OBC: Other Backward Classes, EWS: Economically Weaker Sections UR/GEN: Unreserved/General, PwBD: Persons with Benchmark Disabilities. Candidates belonging to OBC category but coming in the 'Creamy Layer' are not entitled to OBC reservation. They should indicate their category as '(UR/GEN)’. Candidates are expected to be computer literate and conversant with MS–Office (Word and Excel) applications. 

Note I: A Post Graduate Diploma in any discipline will be acceptable as educational requirement for General stream and a Post Graduate Diploma in Statistics / Economics / Commerce / Business Administration (Finance)/ Econometrics will be acceptable as educational requirement for Research Streams, provided the same is recognized as equivalent to a Master’ Degree in that discipline by Govt. of India. The onus to provide necessary document in this regard shall be on the candidates. 

Note II: Candidates are permitted to apply for maximum of 2 streams only for which he/she is eligible to apply, as per their educational qualifications. Separate on-line application for each stream will have to be submitted and requisite fees is 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. The officers recruited in any stream may be posted to any department of PFRDA, irrespective of their streams. 

Note III: The candidate must hold a degree of any of the Universities incorporated by an Act of the Central or State Legislature in India or other educational institutions established by an Act of Parliament or declared to be deemed as a University under Section-3 of the University Grants Commission Act, 1956, or possessan equivalent qualification from a Foreign University recognized by the Association of Indian Universities. 

Note IV: The date of passing eligibility examination will be the date appearing on the mark sheet or provisional certificate issued by the University/Institute. In case the result of a particular examination is posted on the website of the University/Institute, a certificate issued by the appropriate authority of the University/Institute indicating the date on which the result was posted on the website will be taken as the date of passing. 

Note IV: Candidates who have appeared for the final examinations and waiting for the results are eligible to appear in selection process. However, the offer to join PFRDA to the selected candidates shall be subject to production of necessary documents evidencing successfully obtaining the requisite qualification. 

* Persons with Benchmark Disabilities (PwBD): 

a. The specified disabilities are: 

i. Blindness and Low Vision

 ii. Deaf and Hard of Hearing 

iii. Locomotor Disability including Cerebral Palsy, Leprosy Cured, Dwarfism, Acid Attack Victim and Muscular Dystrophy, 

iv. Autism, Intellectual Disability, Specific Learning Disability and Mental Illness, 

v. Multiple Disabilities and 

vi. Other Disabilities (as per Rights of Persons with Disabilities Act, 2016) 

b. The PwBD candidates may belong to any category (i.e. GEN/SC/ST/OBC/EWS) and they will be eligible for age relaxations. Reservation for PwBD is horizontal and within the overall vacancies for the posts. 

c. PwBD means a person with not less than forty per cent of a specified benchmark disability where specified disability has not been defined in measurable terms and are eligible to apply in the GEN/SC/ ST/OBC/EWS category. They will be eligible for concession in applicable fee. # Reservation for Economically Weaker Sections (EWSs) Reservation for candidates belonging to EWS shall be inter-alia subject to prevalent guidelines/ instructions/orders/clarification of/by Government of India from time-to-time, which at present, are as given under. Persons who are not covered under the scheme of reservations for SCs, STs and OBCs and whose family has gross annual income below Rs.8.00 lakh (Rupees eight lakh) and fulfilling Government of India criteria for EWSs, are to be identified as EWSs for benefit of reservation. Income shall also include income from all sources, i.e. salary, agriculture, business, profession, etc. for the financial year prior to the year of application i.e. 2020-21. Also, persons whose family owns or possesses any of the following assets shall be excluded from being identified as EWS, irrespective of the family income: 

i. 5 acres of agricultural land and above; 

ii. Residential flat of 1000 sq. ft. and above

iii. Residential plot of 100 sq. yards and above in notified municipalities; 

iv. Residential plot of 200 sq. yards and above in areas other than the notified municipalities. # Reservations for Economically Weaker Sections (EWSs) in recruitment is governed by Office Memorandum No.36039/1/2019-Estt (Res) dated 31.01.2019 of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India. Disclaimer: “EWSs vacancies are tentative and subject to further directives of Government of India and outcome of any litigation on the subject. The appointment is provisional and is subject to the Income & Asset certificate being verified through proper channels”. Benefit of reservation under EWSs category can be availed upon production of an ‘Income and Asset Certificate’ issued by a Competent Authority on the format prescribed by Government of India. 

Note: The EWS candidates should note that in case they are not in possession of “Income & Assets Certificate” as per the extant DoPT guidelines on or before the closure of online application date, such EWS candidates should apply under “'General (GEN)’ category only. Age Limit (as on 31/07/2021): 

a. A candidate must not have exceeded the age of thirty (30) years as on July 31, 2021 i.e., candidate must have been born on or after August 01, 1991. 

b. The upper age-limit prescribed above will be relaxable: 

i. up to a maximum of five years for candidates belonging to a Scheduled Caste or a Scheduled Tribe if the posts are reserved for them; 

ii. up to a maximum of three years in the case of candidates belonging to Other Backward Classes who are eligible to avail of reservation applicable to such candidates if the posts are reserved for them; c. Only those candidates belonging to 'Non-Creamy Layer' (NCL) are eligible to apply under OBC Category. The OBC candidates who belong to 'Creamy Layer' are not entitled to apply under OBC Category. Candidates belonging to OBC category but coming in the 'Creamy Layer' are not entitled to OBC reservation. They should indicate their category as ‘Unreserved’. Candidates belonging to the OBC (NCL) category should have a valid OBC (NCL) certificate issued on or after 01.08.2020 but earlier than due date (closing date) of application. d. Relaxation of 10 (ten) years for PwBD candidates shall be applicable whether the post is reserved or not. Relaxation of 13 (thirteen) years for PwBD (OBC) candidates where vacancies are reserved for OBC candidates. Relaxation of 15 (fifteen) years for PwBD (SC/ST) candidates where vacancies are reserved for SC/ST candidates. e. Relaxation of 5 (five) years for Ex-servicemen. Ex-servicemen include Emergency Commissioned Officers/Short Service Commissioned Officers, who have rendered at least five years continuous Military Service and have been released 

a) on completion of assignment (including those whose assignment is due to be completed within one year from July 31, 2021) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or 

b) on account of physical disability attributable to Military Service or 

c) on invalidment. Emergency Commissioned Officers/Short Service Commissioned Officers who have completed their initial period of assignment of five years of Military Service but whoseassignment has been extended beyond five years and in whose case the Ministry of Defence issues certificates that they would be released on selection within three months from the date of receipt of offer of appointment. f. Candidates belonging to the Scheduled Castes and the Scheduled Tribes and the Other Backward Classes who are also covered under the category of Persons with Benchmark Disabilities and Exservicemen will be eligible for grant of cumulative age- relaxation. Where there is no vacancy reserved for OBC/SC/ST category candidates, such candidates can still apply. However, they will not be eligible for any relaxations. SC/ST/PwBD candidates are exempt from payment of application fee even in such case. OBC/PwBD/EWS candidates should possess a latest certificate to this effect issued by the Competent Authority in the Format prescribed by Government of India (formats are available on the PFRDA website).  

for more information visit official website and notification