PFRDA Assistant Manager Recruitment

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PFRDA Assistant Manager Recruitment

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PFRDA Officer Grade A Recruitment 2025: Complete Guide

The Pension Fund Regulatory and Development Authority (PFRDA) has officially released Advertisement No. 01/2025, inviting applications for the post of Officer Grade ‘A’ (Assistant Manager). This golden opportunity spans across multiple streams such as General, Finance and Accounts, Information Technology, Research (Economics & Statistics), Actuary, Legal, and Official Language (Rajbhasha).

In this comprehensive guide, we provide all the key details, eligibility criteria, exam pattern, selection process, and how to apply—helping aspirants stay ahead in the competition.

About PFRDA: Strengthening India’s Retirement System

The Pension Fund Regulatory and Development Authority (PFRDA) is a statutory body established in 2013 under the PFRDA Act. It plays a crucial role in building a robust pension infrastructure in India. As the sole regulator of the National Pension System (NPS) and other pension schemes, PFRDA ensures transparency, security, and inclusiveness in retirement planning for all sectors of the population.

By joining PFRDA as an Assistant Manager, candidates will directly contribute to policy-making, financial reforms, and strengthening retirement planning across the nation.

Important Dates for PFRDA Recruitment 2025

  • Online Application Begins: 23rd June 2025
  • Last Date to Apply: 6th August 2025
  • Phase-I Online Exam: 6th September 2025 (Saturday)
  • Phase-II Online Exam: 6th October 2025 (Monday)
  • Interview (Phase-III): To be intimated to qualified candidates

Total Vacancies and Streams

A total of 20 vacancies are available across the following streams:

  • General – 8 posts
  • Finance & Accounts – 2 posts
  • Information Technology (AI/ML preferred) – 2 posts
  • Research (Economics) – 1 post
  • Research (Statistics) – 2 posts
  • Actuary – 2 posts
  • Legal – 2 posts
  • Official Language (Rajbhasha) – 1 post

Eligibility Criteria

Educational Qualifications (as on 31.07.2025)

  • General: Master’s degree in any discipline / Law / Engineering / ACA / FCA / CFA / ACMA
  • Finance & Accounts: Graduation + ACA/FCA/ACS/FCS/ACMA/FCMA/CFA
  • Information Technology: BE/BTech/MCA or PG in IT/Computer Science (AI/ML specialization preferred)
  • Research (Economics/Statistics): Master’s in Economics, Statistics, Econometrics, Commerce, Finance
  • Actuary: Graduation + Passed all 7 ‘Core Principles’ of IAI
  • Legal: Bachelor’s in Law
  • Official Language (Rajbhasha): Master’s in Hindi or relevant subjects with Hindi at degree level

Age Limit

  • Maximum Age: 30 years (born on or after 01.08.1995)
  • Age Relaxations:
    • SC/ST: 5 years
    • OBC (Non-Creamy Layer): 3 years
    • PwBD: 10–15 years depending on category
    • Ex-Servicemen: 5 years

Application Fees

  • General/OBC/EWS: ₹1,000/- (inclusive of GST)
  • SC/ST/PwBD/Women: No Fee

Selection Process: Three-Phase Procedure

Phase I: Online Screening Examination

Paper 1: Common for All Streams (100 Marks)

  • English Language – 25 Marks
  • Quantitative Aptitude – 25 Marks
  • Reasoning – 25 Marks
  • General Awareness (including Financial Sector) – 25 Marks
    Duration: 60 minutes

Paper 2: Stream-Specific (100 Marks)
Duration: 40 minutes

Negative Marking: 1/4th marks deducted per wrong answer

Phase II: Online Examination

Paper 1: English Descriptive (Essay, Precis, Comprehension) – 100 Marks
Paper 2: Stream-Specific MCQs – 100 Marks

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Only candidates clearing Paper 2 will have Paper 1 evaluated

Phase III: Interview

  • Weightage:
    • Phase II: 85%
    • Interview: 15%
  • Candidates can opt for either Hindi or English

Syllabus Insights for Phase I & II

Phase I Syllabus Breakdown

  • English Language: Synonyms, Antonyms, Cloze Test, Reading Comprehension
  • Quantitative Aptitude: Profit & Loss, Data Interpretation, Simple & Compound Interest
  • Reasoning: Puzzles, Coding-Decoding, Syllogism, Seating Arrangement
  • General Awareness: National & International Affairs, Budget, Banking Terms, NPS-related schemes

Phase II Stream-wise Sample Topics

  • Finance & Accounts: IFRS, Cost Accounting, Auditing Standards
  • Legal: Constitution, Corporate Law, Contract & Tort Law
  • IT: Networking, Cyber Security, AI/ML applications
  • Rajbhasha: Translation techniques, Official Language rules
  • Research: Econometric Models, Regression, Macro & Micro Economics

Why Choose a Career with PFRDA?

Working at PFRDA offers more than just job security. It provides:

  • Challenging and dynamic work in financial sector regulation
  • Opportunities to work on national pension policy and economic reforms
  • An intellectually stimulating environment with top minds from economics, law, IT, actuarial science, and finance
  • Structured career growth with periodic promotions and training programs
  • A chance to impact millions of Indian citizens by ensuring a secure retirement future

Pay Scale and Salary Structure

Pay Scale: ₹44,500 – ₹89,150 (17-year scale progression)

Gross Monthly Emoluments (at entry level): Approx. ₹1,57,000/-
Includes various allowances:

  • Dearness Allowance
  • Special Grade Allowance
  • NPS Contribution
  • Learning Allowance
  • House Rent/Leased Accommodation
  • Medical, Education, Conveyance, and More

Posting and Service Conditions

  • Officers can be posted anywhere in India
  • Governed by PFRDA (Employees’ Service) Regulations, 2015

Application Process

Apply Online Only:
Official Website: www.pfrda.org.in

Steps to Apply:

  1. Visit the “Careers” section
  2. Click on “Apply Online” under relevant recruitment
  3. Register with valid email and mobile number
  4. Upload Photograph, Signature, Thumb Impression, and Handwritten Declaration
  5. Pay application fee (if applicable)
  6. Submit and save a copy of the application for future reference

Documents to Upload

  • Photograph: 20–50 KB
  • Signature: 10–20 KB
  • Thumb Impression: 10–20 KB
  • Handwritten Declaration: 50–100 KB

Declaration Text:

“I, (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true, and valid. I will present the supporting documentation as needed.

Examination Centers

Exams will be conducted in major cities including:

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  • Delhi/NCR, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, Bhopal, Lucknow, Guwahati, etc.

Candidates must choose 3 centers for Phase I and 1 center for Phase II during application.

Reservation and Relaxations

  • SC/ST/OBC/EWS/PwBD reservations as per GOI rules
  • Horizontal reservation for Persons with Benchmark Disabilities (PwBD)
  • Pre-exam training available online for SC/ST/OBC/EWS/PwBD candidates

Tips for Success

  • Carefully read the detailed syllabus in the official notification annexure
  • Focus on current affairs, financial sector updates, and analytical problem-solving
  • For descriptive tests, improve your drafting and essay writing skills
  • Practice practice tests on a regular basis to enhance your speed and accuracy.
  • Stay updated with regular notifications from PFRDA Careers Portal

Final Words

The PFRDA Assistant Manager Recruitment 2025 is an excellent opportunity for aspirants aiming to enter India’s regulatory sector with a rewarding career, attractive pay, and a chance to contribute to the growth of the pension ecosystem.

Apply now and take the first step towards a promising future in financial regulation.

Notification Pdf Click Here

Apply Link Click Here

Official Website Click Here

Frequently Asked Questions (FAQs)

The last date to apply online is 6th August 2025.

The gross monthly salary is approximately ₹1,57,000/-, including all allowances and NPS contributions.

There are 20 total vacancies across various streams.

Maximum age is 30 years as of 31st July 2025. Age relaxations apply as per category.

Yes, candidates can apply for up to two streams, but must fill separate applications and pay fees for each.

The selection involves three phases:

  • Phase I: Online Screening Exam

  • Phase II: Online Descriptive + Subject Exam

  • Phase III: Interview

  • General/OBC/EWS: ₹1,000

  • SC/ST/PwBD/Women: No fee

Depends on the stream. For example:

  • General Stream: Master’s or Law/Engineering/CA/CFA

  • IT Stream: BE/BTech/MCA with AI/ML specialization preferred

  • Legal Stream: LLB

  • Full details are in the official notification.

Visit www.pfrda.org.in, go to the Careers section, and follow the steps under the “Apply Online” link from 23rd June to 6th August 2025.

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