New Delhi, March 28: Pension Fund Regulatory and Development Authority (PFRDA) has increased the upper age limit by 5 years for Ombudsman to 70 years. 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. Dead People Receiving Pension in Uttar Pradesh’s Hardoi, Money Being Credited in Bank Accounts of Nearly 13,000 Who Have Died: Report.
“These regulations may be called the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) (Amendment) Regulations, 2023,” the notification said. Government Approves Extension of Pension Payment for Three Months for Banks’ Pensioners Migrated to SPARSH.
These shall come into force on the date of their publication in the official gazette, it said. Ombudsman appointed by PFRDA receives, considers and facilitates resolution of complaints or grievances, which fall within the ambit of the regulations.
A person appointed as an Ombudsman holds office for a period of three years and would be eligible for reappointment for another two years.
(This is an unedited and auto-generated story from Syndicated News feed, Today News 24 Staff may not have modified or edited the content body)
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