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PFRDA Invites Expression of Interest (EOI) for Actuarial Valuation of Atal Pension Yojana

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....FRDA Invites Expression of Interest (EOI) for Actuarial Valuation of Atal Pension Yojana <br>News and Press Release<br>Dated:- 18-7-2018<br><BR>Pension Fund Regulatory and Development Authority (PFRDA....

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....) invites Expression of Interest (EOI) from reputed Actuary/Actuarial Firm for valuation to estimate the likely shortfall or otherwise on account of the minimum guaranteed pension and suitable provisi....

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....oning for gap funding under Atal Pension Yojana(APY). APY offers guaranteed pension benefits which entails suitable gap funding to fulfill the commitment of guaranteed pension benefits to the subscri....

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....bers and spouse of the subscribers. The Expression of Interest document has been issued on 18.07.2018 and the same is available on PFRDA&#39;s website. Along with the other conditions, the actuarial f....

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....irm should have carried out the actuarial valuation of at least 10 funds in the immediately preceding 5 financial years and out of which at least 2 of the funds should have had the minimum fund size o....

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....f 5000 cr. It may be recalled that , the Prime Minister had launched Atal Pension Yojana in May, 2015 for all Indian citizens in the age group from 18-40 years, specially targeting under-privileged s....

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....ections of society in the unorganized sector. As on date 1.08 cr subscribers have been registered under Atal Pension Yojana( APY ) and more than &#8377; 4,500 Cr contribution have been collected from ....

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....the subscribers under the Scheme.<BR> News - Press release - PIB....