PFRDA Assistant Manager Salary 2024, Job Profile, Pay Scale

PFRDA Grade A Salary 2024  

The Pension Fund Regulatory and Development Authority (PFRDA) offers a rather attractive salary for its Grade A officers. Right now, it stands at a gross pay of approximately Rs18 lakhs per annum. This competitive salary is reflective of the kind of responsibilities that a Grade A officer receives for the role A PFRDA Grade A officer's pay scale structure is Rs. 28,150-1,550(4)-34,350-1,750(7)-46,600-EB1,750(4)-53,600-2,000(1)-55,600 (17 years). Those who hope to get a good job as a PFRDA Grade A Officer need to go through the recruitment phases before they get this job. The attractive salary package provided along with the pay scale just stresses the organization’s desire to reward its officers by providing them with attractive perks and benefits. If you want to be a PFRDA Officer, you need to have a look at the PFRDA Grade A Notification which will be released soon. The notification will provide details of the PFRDA Grade A Exam Date. Knowing this information and other details like the PFRDA Exam Pattern and Syllabus will help you prepare for the PFRDA Grade A Exam . You can check out the salary structure for the PFRDA Grade A position in the table below:  

Benefits and Allowances  

Along with a rather handsome salary, a PFRDA Assistant Manager is entitled to quite an impressive list of benefits. The benefits package for a PFRDA Assistant Manager includes a Leave Fare Concession, which allows them to travel for leisure and pleasure, Medical Expenses coverage which includes both hospitalization and other medical expenses. Besides this, they also have access to a Personal Accident Insurance which gives them a financial protection in case of an accident. There is also an Eye Refraction benefit which covers the cost of spectacles that the employee purchases. Education Allowance and Financial Dailies subscription are provided to address the personal welfare of the employee. There is also a Book Grant which encourages the employees to develop reading habits. Along with that there is also provision of a Briefcase to help out in organizational efficiency.  

Conveyance Expenses contribute to the ease of commuting, while House Cleaning Allowance adds a touch of convenience to personal life. The Staff Furnishing Scheme and Scheme for Purchasing Computers enable employees to enhance their work environment, fostering a conducive atmosphere for productivity. These benefits demonstrate PFRDA's dedication to its Assistant Managers' overall well-being, professional growth, and satisfaction, making it an attractive workplace in the financial regulatory sector.  

Probation Period  

All candidates who are hired for the position of PFRDA Grade A Officer have to go through a compulsory one-year probationary period. During this period, all employees must get used to the organizational culture and understand their roles and responsibilities. The final selection depends on your performance during this probationary period. The probationary period is important for the organization to establish a solid foundation for a successful and mutually beneficial long-term association. When the employee completes their probationary period, it confirms that the candidate is ready to seek more challenging roles within the organization. 

Qualification Pay  

Along with the competitive salary and comprehensive benefits, you are eligible for qualification pay as an Officer Grade 'A' (Assistant Manager) at the Pension Fund Regulatory and Development Authority (PFRDA). This additional allowance is granted based on your educational qualifications, recognizing and rewarding your academic achievements. The qualification pay is a testament to PFRDA's commitment to acknowledging the skills and knowledge you bring to the organization through your educational background. This supplementary allowance incentivizes continuous learning and professional development, reinforcing the value placed on qualifications within the regulatory authority.  

By providing qualification pay, PFRDA attracts highly qualified professionals and encourages existing employees to pursue further education, fostering a culture of continuous improvement and expertise in the financial regulatory domain. This demonstrates PFRDA's dedication to recognizing and rewarding its Assistant Managers' diverse talents and qualifications.  The detailed table on qualification pay is given below.  

Career Growth  

PFRDA is a reputed organization. Working in an organization like the Pension Fund Regulatory and Development Authority will be a dream for any government job aspirant. You will be appointed as an Assistant Manager in PFRDA. Based on your performance, you will be promoted in the order of the hierarchy as given below.   

• Chairperson 
• Whole Time Member 
• Executive Director 
• Chief General Manager 
• General Manager 
• Deputy General Manager 
• Assistant General Manager 
• Manager 
• Assistant Manager, i.e., Grade A Officer – You are here  

To pursue a career as a PFRDA Officer, aspiring candidates should kickstart their preparation for the upcoming recruitment cycle. Begin by thoroughly reviewing the PFRDA Grade A Eligibility Criteria to ensure your eligibility for the post. Subsequently, delve into the PFRDA Grade A Syllabus and Exam Pattern to structure your study plan effectively. ixamBee provides valuable resources such as PFRDA Grade A Free Mock Tests and Previous Year Papers, offering prospective candidates a comprehensive platform for practice and familiarization with the exam format. Utilize these resources to enhance your preparation and increase your chances of success in the PFRDA Grade A recruitment process.