The Pension Fund Regulatory and Development Authority (PFRDA), on January 12, 2026, issued the Pension Fund Regulatory and Development Authority (Registration of Pension Funds) Guidelines, 2026.
The following has been stated namely:-
• These guidelines shall be construed to be in addition to the provisions of the PFRDA Act, 2013, and the rules and regulations notified thereunder and are issued inter alia to lay down the process and procedure of granting registration to a pension fund by the Authority. The said process comprises 02 steps: (i) selection/appointment of a sponsor (applicant) of a pension fund, and (ii) registration of a pension fund established by the sponsor (applicant)
• Procedure for Pension Fund Registration:- Registration of a pension fund by the Authority shall be a two-step process wherein in the first step the eligible sponsor(s) makes an application for its selection/appointment as sponsor of pension fund and upon the sponsor(s) being found suitable to act as such, in the second step the selected/appointed sponsor(s) makes an application for grant of a Certificate of Registration to the pension fund incorporated by the sponsor(s)
• FUNCTIONS AND OBLIGATIONS OF SPONSOR (APPLICANT):- The functions, duties, obligations and responsibilities of the sponsor of a pension fund are detailed under PFRDA (Pension Fund) Regulations.
• TECHNICAL PARAMETERS:- Applicant shall provide information on the following Technical Parameters in the manner or order given below, with proper index and reference of page numbers, etc.
