PFRDA Assistant Manager Salary 2022: In-hand salary of PFRDA Grade A Officer

PFRDA Assistant Manager Salary 2022: In-hand salary of PFRDA Grade A Officer

ByAkash Mishra  |  Updated on: Sep 30, 2022
PFRDA Assistant Manager Salary 2022 is out with the official notification PDF. Candidates should be aware of the PFRDA Grade A salary slip, basic pay and in-hand salary. Candidates should also check the PFRDA Grade A job profile, and career growth.
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PFRDA Assistant Manager salary is prescribed on the basis of the nature of the job and the responsibilities attached to the post. It is decided by the concerned authorities of PFRDA. Candidates who will be appointed to the post of Assistant Manager are entitled to the PFRDA Grade A salary.

PFRDA Assistant Manager salary incorporates various components such as Grade Allowance, Special Grade Allowance, Special Allowance, etc. Further details related to PFRDA Assistant Manager in-hand salary, pay scale, salary structure, allowances, salary slip, etc. have been illustrated in this post below.

PFRDA Assistant Manager Salary 2022

After qualifying PFRDA Assistant Manager Exam 2022, candidates will be appointed to the post of Grade A (Assistant Manager). They will be on a probationary period of one year. During probation, the PFRDA Assistant Manager salary does not include all the allowances that are paid to a regular employee in the same post. The employment status of the candidate is confirmed on the basis of his/her character, performance, and suggestions from the concerned authorities. As per the official notification, PFRDA Assistant Manager per month salary is approximately Rs. 1,40,000/- (Gross) including all the allowances.

PFRDA Assistant Manager In-hand Salary

The in-hand salary is calculated after deducting the necessary components such as Provident Fund, ESIC, tax-saving investments, medical insurance, retirement plan contributions, etc. PFRDA Assistant Manager in-hand salary is paid to the employees after deducting the amounts of the mentioned components from the gross salary which is Rs. 1,40,000/-. So, the net per month salary of the PFRDA Assistant Manager is based on the number of deduction components in the gross salary.

PFRDA Assistant Manager Salary Pay Scale

The salary of the PFRDA Assistant Manager is paid according to the prescribed pay scale. As per the official notification, the PFRDA Assistant Manager pay scale is Rs. 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)- 85850-3300(1)-89150(17). PFRDA Assistant Manager is a Grade A post and hence employees are entitled to the Officer’s pay scale.

The pay scale indicates an increase in the basic pay after the completion of a certain period in the organization. 

PFRDA Assistant Manager Basic Pay

Particulars

Salary

Basic Pay of PFRDA Assistant Manager

Rs. 44,500/-

Increment of Rs.2,500/- in basic pay for four years

Rs. 54,500/-

Increment of Rs.2,850/- in basic pay for seven years

Rs. 74,450/-

Increment of Rs.2,850/- in basic pay for four years

Rs. 85,850/-

Increment of Rs.3,300/- in basic pay for one year

Rs. 89,150/-

PFRDA Assistant Manager Salary Slip

Salary slips will be provided to the employees at the end of each month. It will be available online on the official website of the PFRDA department and can be accessed by using the login details. The PFRDA Grade A salary slip will contain the details of Basic Pay, Special Allowance, Dearness Allowance, House Rent Allowance, etc. In addition, it will present the details of the deduction components in the salary of a PFRDA Grade A Officer.

Qualification Allowances in PFRDA Assistant Manager Salary

In addition to the PFRDA Assistant Manager salary and benefits, an employee appointed as Officer Grade A shall be eligible for qualification allowances. The details pertaining to the qualification, completion level, and qualification allowance per month have been illustrated in the table below.

Qualification

Completion Level

Qualification Allowance (Per month)

Finance & Accounts

ACA / ACMA (erstwhile AICWA) / ACS/ CFA

Rs. 3,500/-

Economics / Statistics / Law / Finance

Doctorate of Philosophy (Ph.D.)

Rs. 3,500/-

Actuarial

Institute of Actuaries of India (IAI) fellow

Rs. 80,000/-

Exemption or Pass in all Seven (07) ‘Core Principles’ subjects of the Institute of Actuaries of India (IAI) Examination

Rs. 15,000/-

Information Technology

Master’s Degree

Rs. 3,500/-

PRFDA Assistant Manager Salary 2022: Other Benefits

In PFRDA, an employee of Officer Grade A are eligible for other benefits also. Besides the PFRDA Assistant Manager salary, the other benefits that are provided to all employees are as follows:

  • Personal Accident Insurance
  • Leave Fare Concession
  • Education Allowance
  • Medical Expenses (Hospitalisation and Non-Hospitalisation)
  • Eye Refraction/ Cost of Spectacles, Financial Dailies, Book Grant, Briefcase, Conveyance Expenses
  • House Cleaning Allowance
  • Staff Furnishing Scheme, Scheme for Purchasing Computers, Sodexo Meal Card, and all the other benefits are admissible.

PFRDA Assistant Manager Job Profile

The shortlisted candidates shall be appointed to the post of Assistant Manager (Officer Grade A) in various departments such as Finance and Accounts, General, Research (Economics), Information Technology, Legal and Official Language (Rajbhasha). The duties of the PFRDA Assistant Manager include:

  • Supervising the working of Internet systems and Biometric Attendance systems in their respective group of schools
  • Management of public funds
  • Managing the data related to the schools, students, and employees through MIS.
  • In the legal department, the employees are responsible for the preparation of legal documents, employment contracts, etc.

PFRDA Assistant Manager Career Growth

Persons appointed to the post of Officer Grade A (Assistant Manager) in PFRDA progress in their career based on their performance and tenure of service. Along with the provision of promotion, there is also an increase in the PFRDA Assistant Manager salary. The levels at which an Assistant Manager can be promoted are as follows:

  • Manager
  • Assistant General Manager
  • Deputy General Manager
  • General Manager
  • Chief General Manager
  • Executive Director
  • Whole Time Member
  • Chairperson

Useful Links:

PFRDA Assistant Manager Exam 2022

PFRDA Assistant Manager Eligibility Criteria

PFRDA Assistant Manager Vacancy 2022

PFRDA Assistant Manager Syllabus

PFRDA Assistant Manager Salary FAQs

  • Candidates who will be appointed to the post of Assistant Manager in PFRDA shall be entitled to a minimum of Rs. 1,40,000/- salary per month. This is the gross salary which includes the basic pay and any amounts that are payable as allowances.

  • The in-hand salary of the PFRDA Assistant Manager is paid after making all the necessary deductions from the gross salary which is Rs. 1,40,000/-. The deduction components include provident fund, ESIC, medical insurance, investments, etc.

  • The allowances to which a PFRDA Assistant Manager is entitled are Grade Allowance, Special Grade Allowance, Special Allowance, Dearness Allowance, Family Allowance, Local Allowance, Special Compensatory Allowance, Housing Allowance, Learning Allowance, etc.

  • The pay scale of the PFRDA Assistant Manager is 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)- 85850-3300(1)-89150(17). It indicates the basic pay along with the increment in it after a certain period of time.

  • The basic salary of the PFRDA Assistant Manager is Rs.44.500/-. It will become Rs. 54,500 with an increment of Rs.2,500/- in the basic pay of four years. After the increment of Rs. 2,850 for seven years, the basic pay will be Rs. 74,450. Further, an increment of Rs. 2,850 for four years will make the basic salary Rs. 85,850. An increment of Rs.3,300 will be provided for one year which will make the figure of basic pay Rs. 89,150.

  • The qualification allowances are provided to the assistant manager in PFRDA for their qualifications such as Ph.D., Master's degree, a fellow of IAI, etc. More details related to this have been presented in this post above.

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