Who is the regulatory authority responsible for the administration and supervision of the Atal Pension Yojana (APY)?

Rate this: Avg 0.0 (0 votes)
Direct Answer
PFRDA is the regulator
Regulatory Oversight
1. Role of PFRDA: It administers the National Pension System (NPS) and APY. It appoints the Point of Presence (PoPs) and aggregators. 2. Architecture: The money collected is invested by Pension Funds appointed by PFRDA as per investment guidelines. 3. Claim Settlement: PFRDA ensures the “Guaranteed Pension” promise is kept by the government by managing the gap funding if necessary.