Participation in upcoming SLBC/ UTLBC meetings · 23 Sept 2020

p da Ashish Kumar Chief General Manager å1-14/g. IQFél—110016 01 •t—26517501 . 011—26517506 : ashlsh.kumar@pfrda org-in www.pfrda.org.in CIRCULAR LEITER File No. PFRDA/03/05/1/0071/2017-PnD-APY-Part(4) PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B-14/A, lind Floor, Chhatrapatj Shivaji Bhawan, Qutub Institutional Area, Katwaria Sarai, New Delhi-110016 Phone : 011-26517501 Fax 011-26517506 E-mail ashishkumar@pfrda.org.in Website www.pfrda.org.in Sep/B/2020 Subject: Participation in upcoming SLBC/ UTLBC meetings Dear Sir/ Madam Govt. of India launched Atal Pension Yojana on 9th May, 2015; as a part of Jan-Suraksha schemes, for providing minimum guaranteed pension between Rs. 1000 and Rs. 5000 from the age of 60 years. The scheme since then is being administered/ regulated by PFRDA in which any citizen between 18-40 years can be enrolled for making contributions in the scheme. Recently total enrolments under APY have crossed 2.48 Crore mark and we expect achieving 3 Crore mark by 31 st March, 2021. The major contributors in this exceptional growth in APY are Public sector banks, Private sector banks and RRBs. However, till date APY coverage is around 6% of eligible populaåon of 18-40 years and therefore, it becomes imperative to put in more efforts in order to increase the APY coverage. Further, in order to monitor performance of the banks and districts, MTS are being sent by PFRDA on monthly basis. Accordingly, the role of SLBCs/UTLBCs has become vital to ensure increase in coverage of APY within the State/ UT. Keeping in view the above, we request SLBCs/UTLBCs to keep APY as an important agenda for all upcoming SLBC/UTLBCs meetings and share Invitation with PFRDA as well for attending such meetings please. You will appreciate that our participation in SLBC/UTLBC meetings shal.l provide common platform to all stakeholders for exchangmg their experiences, strategies, concerns and solutions. These Invites/ meeting notices may be sent to the officers as mentioned below: 1. Sh. Ashish Kumar, Chief General Manager, ashish.kumar@pfrda.org.in, 8860083600 2. Dr. Ashish Dongare, Manager, ashish.clongare@pfrda.org.in, 8510099771 3. Sh. Mohit Yadav, Manager, 9953558847 We are sure that with your determined endeavors we shall be able to achieve annual target o APY as well as comprehensive APY coverage in the State/ UT as a part of social-security. Ashish Kut ar Chief General Manag To, All SLBC/UTLBC Convenor