PFRDA iams to create a regulator for the pension sector

After the passage of the Food Bill and the Land Acquisition Bill, the government is hoping to get the nod the Pension Bill, which was first introduced in 2005. The government is likely to move the Pension Fund Regulatory and Development Authority Bill, 2011 today in Lok Sabha. The Pension Fund Regulatory and Development Authority Bill 2011 aims to create a regulator for the pension sector and extend the coverage of pension benefits to more people.

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