Will I Get Homeposting After Qualifying PFRDA Grade A?: PFRDA is Pension Fund Regulatory and Development Authority. It is a regulatory body organization for the supervision of pension funds in India. PFRDA conducts the annual recruitment of Grade A officers.
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Many young graduates who are seriously looking for a good opportunity in the government sector prefer participating in the recruitment drive of PFRDA. We can expect the notification to be released anytime soon in 2023 or beginning of 2024.
Candidates selected in PFRDA as Grade A get posted in the headquarters located in Delhi. The gross emoluments of a Grade A officer are Rs. 18 lahks annually. We start discussing the PFRDA Grade A salary, benefits, and place of posting in this blog post.
PFRDA Grade A Officer Salary Structure & Allowance
The PFRDA Grade A (Assistant Manager) gets an attractive salary package. The annual gross emolument of Rs. 18 lakh per annum. The pay scale structure of PFRDA Grade A Officer: Rs. 28150-1550(4)-34350-1750(7)-46600- EB1750(4)-53600- 2000(1)-55600 (17 years).
Name of Post | Salary Structure |
PFRDA Grade A Officer | Rs.44500-2500(4)-54500-2850(7)-74450-EB-2850(4)- 85850-3300(1)-89150 (17 years). Monthly Salary: Rs. 1.40 Lakh |
PFRDA Grade A officer is entitled to get perks and allowances:
- Leave Fare Concession
- Medical Expenses (Hospitalisation and Non-Hospitalisation)
- Personal Accident Insurance
- Education Allowance
- Eye Refraction/ Cost of Spectacles
- Financial Dailies
- Book Grant, Briefcase
- Conveyance Expenses
- House Cleaning Allowance
- Staff Furnishing Scheme
- Scheme for Purchasing Computers
Probation Period for PFRDA Grade A Officer
Candidates joining PFRDA as Grade A officers have to serve a probationary period of one year. In the probationary period, PFRDA evaluates the performance of Grade A officers. They will get confirmation from the organization on the performance evaluation after one year of the probationary period.
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Qualification Pay Structure
Besides the salary, perks, and allowances, candidates who joined PFRDA Grade A officers are also eligible for qualification pay in the organization. The additional allowance is based on the qualification of candidates appointed as PFRDA Grade A officers. The details of the additional allowances are compiled in the table format given below:
Qualification | Criteria | Qualification Pay Allowance |
Actuarial | Master’s Degree in IT | Rs. 80000 |
Passed out the 7 subjects of IAI. | Rs. 15000 | |
Information Technology | Master Degree in IT | Rs. 3500 |
Finance & Accounts | ACA / ACMA/ ACS/ CFA | Rs. 3500 |
Economic/ Statistics / Law / Finance | Doctorate of Philosophy (Ph.D.) | Rs. 3500 |
PFRDA Grade A: Career Progression Opportunities
PFRDA is counted as one of the most reputed government organizations in India. Getting into such an organization is a dream come true for young Indian graduates. Candidates appointed in PFRDA as Grade A (Assistant Manager). Check out the career progress and opportunities for PFRDA Grade A Officer:
- Assistant Manager (Grade A Officer)
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
- Whole Time Member
- Chairperson
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Takeaway
Candidates who want to get into PFRDA as Grade A officers will be posted in Delhi (headquarters) and regional offices located in Delhi. If there is any vacancy available in your home posting location. Then, you can apply for it in PFRDA. It is a regulatory government organization that offers attractive pay packages to candidates joining as Grade A Officers. Do you seriously want to get into PFRDA as a Grade A officer? Sign up to Take a Free Mock Test to Evaluate your Performance.
Frequently Asked Questions
PFRDA Grade A is a full-time job role for candidates who join the organization.
Qualification pay is offered to candidates who joined PFRDA as Grade A officers. We compiled all the details of the qualification pay structures in the table format given below:
Actuarial: Rs. 80K & Rs. 15K
Information Technology: Rs. 3500
Finance & Accounts: Rs. 3500
Economic/ Statistics / Law / Finance: Rs. 3500
The probationary period for PFRDA Grade A officers is one year after joining the organization.
PFRDA Grade A officers are eligible for the perks and allowances listed below:
Leave Fare Concession
Medical Expenses (Hospitalisation and Non-Hospitalisation)
Personal Accident Insurance
Education Allowance
Eye Refraction/ Cost of Spectacles
Financial Dailies
Book Grant, Briefcase
Conveyance Expenses
House Cleaning Allowance
Staff Furnishing Scheme
Scheme for Purchasing Computers
The selection of candidates as PFRDA Grade A officers gets posted in headquarters and regional offices in India.
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