Sivasubramanian Ramann appointed new chairman of PFRDA, with focus on improving pension schemes for unorganised sector.

Sivasubramanian Ramann has been named as the new chairman of the Pension Fund Regulatory & Development Authority of India (PFRDA), taking over from Deepak Mohanty, who will finish his term in May 2025. Ramann’s appointment aligns with the government’s efforts to improve pension schemes, especially for the unorganised sector. The PFRDA plays a crucial role in regulating and developing the pension sector in India, ensuring the financial security of retirees. Ramann’s experience and expertise will be instrumental in steering the PFRDA towards achieving its objectives and expanding the reach of pension benefits across the country. His leadership comes at a critical time when pension planning and coverage are gaining significance among Indians. With his new role, Ramann is expected to drive key initiatives to make pension schemes more accessible and inclusive, catering to the diverse needs of the population. The appointment of Ramann signifies a strategic move to strengthen the pension landscape in India, promoting financial stability and social security for all citizens.

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