PFRDA Grade A Salary: Salary remains one of the key factors attracting young graduates to apply for the PFRDA Grade A exam. Selected candidates are appointed as Assistant Managers and receive a starting gross monthly salary of approximately ₹1,57,000. This includes several allowances such as Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, and Family Allowance. Newly appointed officers undergo a one-year probation period, during which their performance and conduct are closely monitored. Promotions at PFRDA are performance-based, offering strong career growth opportunities for dedicated and high-performing officers.
PFRDA Grade A Salary 2024
PFRDA Grade A (Assistant Manager) officers receive a starting gross monthly salary of approximately. ₹1,57,000, including allowances like NPS contribution, Grade Pay, Dearness Allowance, Housing, Family, and more. The pay scale ranges from ₹44,500 to ₹89,150 over 17 years. Additional benefits include Leave Fare Concession, medical reimbursements, accident insurance, education allowance, meal card, and computer/furnishing purchase schemes. Selected candidates undergo a 1-year probation and are confirmed upon satisfactory performance and verification. Officers must be willing to serve anywhere in India, as per PFRDA rules. This role offers both financial security and career growth.
PFRDA Grade A Salary 2024 Overview
The salary structure of PFRDA Grade A officers is summarized in the table. Candidates can get insights on PFRDA Grade A basic salary, pay scale structure, and gross salary.
| PFRDA Grade A Salary 2024 Overview | |
| Name of Conducting Organization | Pension Fund Regulatory and Development Authority |
| Exam Name | PFRDA Grade A |
| Total Posts | To be Notified |
| Basic Salary | Rs. 44,500 |
| Pay Scale of PFRDA Grade A | Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years) |
| Gross Salary | Rs. 1,40,000 |
| Official Website Link | www.pfrda.org.in |
| PM Telegram Channel | https://t.me/RegulatoryPM |
PFRDA Grade A In-Hand Salary
The in-hand salary of a PFRDA Grade A officer is calculated by adding the basic pay and allowances, then deducting applicable contributions such as Provident Fund (PF), taxes, and gratuity. While the gross salary is approximately ₹1,57,000 per month, the in-hand salary is the net amount received after these deductions. The final in-hand pay may vary slightly based on individual deductions, but generally remains highly competitive, making the PFRDA Grade A position attractive for aspiring candidates.
PFRDA Grade A Roles and Responsibilities 2024
The shortlisted candidates for PFRDA Grade A positions work in different departments: Information Technology, Legal, Finance and Accounts, General, Research (Economics), and Official Language (Rajbhasha). List of Roles & Responsibilities assigned to PFRDA Grade A officer.
- The responsibility of PFRDA Grade A is to bring regulatory compliance to the pension sector.
- The Assistant Manager is responsible for bringing regulation and development to executing pension-related updates.
- Grade A officer supervision and monitoring of pension funds are done according to regulatory rules.
- Implementation of policies and regulations to bring transformation and ease in keeping pension funds safe condition.
- Show active participation in education and outreach programs.
- The key aspect of a PFRDA Grade A officer is to mitigate the risks involved in the pension sector.
PFRDA Grade A Gross Salary 2024
The gross salary for a PFRDA Grade A (Assistant Manager) is approximately ₹1,40,000 per month, based on a basic pay of ₹44,500. The total gross salary is calculated by adding various perks and allowances to the basic pay.
- Leave Fare Concession
- Medical Expenses (Hospitalisation and Non-Hospitalisation)
- Financial Dailies
- Book Grant
- Briefcase
- Conveyance Expenses
- House Cleaning Allowance
- Staff Furnishing Scheme
- Personal Accident Insurance
- Eye Refraction/ Cost of Spectacles
- Education Allowance
- Scheme for Purchasing Computers
PFRDA Grade A Benefits And Promotions
Candidates selected as Grade A officers (Assistant Managers) in PFRDA are required to undergo a probation period of one year. During this time, their performance, conduct, and overall suitability for the role are closely monitored. Career growth and promotions within PFRDA are based on performance analysis conducted by senior officials. The organization follows a transparent and merit-based promotion policy, ensuring fair opportunities for all officers. PFRDA also emphasizes continuous learning and skill development, offering officers a chance to grow professionally through training, internal mobility, and exposure to regulatory functions.
Below, we have outlined the career progression path for PFRDA Grade A officers.
- Manager
- Assistant General Manager
- Deputy General Manager
- General Manager
- Chief General Manager
- Executive Director
- Whole Time Member
- Chairperson
PFRDA Grade A Salary 2024 FAQs
PFRDA Grade A Salary 2024 is Rs. 1,40,000 monthly.
The Basic Salary of PFRDA Grade A is Rs. 44,500.
The pay scale structure of PFRDA Grade A is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years).
PFRDA Grade A perks and allowances include Grade Allowance, Special Allowance, Dearness Allowance, Local Allowance, and Family Allowance.
- Sign Up on Practicemock for Updated Current Affairs, Topic Tests and Mini Mocks
- Sign Up Here to Download Free Study Material
Free Mock Tests for the Upcoming Exams
- IBPS PO Free Mock Test
- RBI Grade B Free Mock Test
- IBPS SO Free Mock Test
- NABARD Grade A Free Mock Test
- SSC CGL Free Mock Test
- IBPS Clerk Free Mock Test
- IBPS RRB PO Free Mock Test
- IBPS RRB Clerk Free Mock Test
- RRB NTPC Free Mock Test
- SSC MTS Free Mock Test
- SSC Stenographer Free Mock Test
- GATE Mechanical Free Mock Test
- GATE Civil Free Mock Test
- RRB ALP Free Mock Test
- SSC CPO Free Mock Test
- AFCAT Free Mock Test
- SEBI Grade A Free Mock Test
- IFSCA Grade A Free Mock Test
- RRB JE Free Mock Test
- Free Banking Live Test
- Free SSC Live Test