The Pension Fund Regulatory and Development Authority (PFRDA) has released a notification announcing an amendment to the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015. According to the amendment, subscribers will be able to file grievances with the authority until they reach the age of 70, rather than the previous limit of 65 years. The new regulations will come into effect upon their publication in the official gazette.
PFRDA Extends Age Limit for Grievance Redressal to 70 Years
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
NOTIFICATION
New Delhi, the 27th March, 2023
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY (REDRESSAL OF SUBSCRIBER GRIEVANCE) (AMENDMENT) REGULATIONS, 2023
F. No. PFRDA/12/RGL/139/1.- In exercise of the powers conferred by sub-section (1) of Section 52 read with clause (d) of sub-section (2) thereof and clause (f) of sub-section (2) of Section 14 of the Pension Fund Regulatory and Development Authority Act, 2013 (Act No.23 of 2013), the Pension Fund Regulatory and Development Authority hereby makes the following regulations to amend the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015 namely, –
- These regulations may be called the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) (Amendment) Regulations, 2023.
- These shall come into force on the date of their publication in the official gazette.
- In the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015: –
In proviso to sub-regulation (1) of Regulation 15, the words “sixty-five years” shall be substituted with “seventy years.”
Dr. DEEPAK MOHANTY, Chairperson
[ADVT.-III/4/Exty./1725/2022-23]
Source: utilities.cept.gov.in
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