Section 15: Tenure

Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015Central Regulations · 2013

(1) A person appointed as an Ombudsman shall hold office for a period of three years and shall be eligible for reappointment for another period of two years:

Provided that no person shall hold the office of an Ombudsman after attaining the age of sixty-five years.

(2) The Authority, at any time, before the expiry of the period specified under sub-regulation (1) may terminate the services of the Ombudsman by giving him notice of not less than three months in writing or three months’ salary and allowances in lieu thereof, and the Ombudsman shall also have the right to relinquish his office, at any time, before the expiry of period specified under sub-regulation (1), by giving to the Authority a notice of not less than three months in writing.

Where this provision sits

Act	Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations, 2015
Section	15
Marginal note	Tenure
Jurisdiction	Central
Status	In force as published by the source

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