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29-Mar-23

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PFRDA raises ombudsman age limit to 70 years from 65 years

The government raised the age limit for Pension Fund Regulatory and Development Authority's (PFRDA's) ombudsman to 70 years from the existing 65 years. Ombudsman’s role is to receive, consider and facilitate resolution of complaints or grievances which fall within the ambit of PFRDA regulations.

As per the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations 2015, the upper age limit was 65 years.

According to the gazette notification dated March 27, the PFRDA has amended that regulation by replacing the upper age limit for Ombudsman from 65 to 70 years.

By: Brijesh Kumar

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