1st International Research Conference on Pension (IRCP 2025)
Ensuring financial security in retirement is a fundamental component of safeguarding income and providing stability for individuals in their later years. As global populations age and life expectancies rise, the imperative for effective pension systems has never been more pressing. These systems are essential not only for old age income security and consumption smoothing but also for mitigating longevity risk, especially in an era where old age dependency ratios are increasing globally.
In this context, the Pension Fund Regulatory and Development Authority (PFRDA) and the Indian Institute of Management Ahmedabad (IIMA) are organizing the 1st International Research Conference on Pension (IRCP) at New Delhi on 27th and 28th of February 2025. This conference serves as a crucial platform for addressing the dynamic and evolving global landscape of pension systems. The discussions will span economic, environmental, and social challenges, reflecting the diverse experiences and strategies from around the world.
IRCP 2025 aims to bring together scholars, practitioners, and industry experts from across the globe to engage in meaningful dialogue, share ground breaking research findings, and explore innovative solutions. The conference will feature keynote addresses, panel discussions, and research presentations that will provide insights into various aspects of pension management, investment strategies, regulatory frameworks, and social security systems.
About PFRDA
Pension Fund Regulatory and Development Authority (PFRDA) is a statutory body established to oversee and regulate the pension sector in the country. Interim PFRDA was established by Government of India in 2003. Subsequently, PFRDA Act, 2013, empowered PFRDA to promote old age income security by establishing, developing and regulating pension funds and to protect the interests of subscribers to schemes of pension funds.
PFRDA regulates the National Pension System (NPS), a defined contribution retirement scheme which is mandatory for Central Government employees joining services after 1st January 2004 and has been adopted by almost all the State Government for their employees. NPS is also open to all citizens, including those employed in the private and unorganized sectors.
In addition to NPS, PFRDA is administering the Atal Pension Yojana (APY), a government guaranteed pension scheme aimed at creating a universal social security system for all Indians especially the poor, the under-privileged and the workers in the unorganized sector.
PFRDA has significantly contributed to old age income security and socio-economic development by ensuring orderly growth and development of the pension sector. PFRDA’s efficient regulation and supervision of pension sector has established it as one of the credible regulators in the financial sector in India.
Summary of Number of Subscribers and Assets under Management (AUM) for schemes being handled by PFRDA is as under-
| Scheme | No of Subscribers | AUM |
| National Pension System (NPS) | 18.65 Million | Rs. 12.82 Trillion |
| Atal Pension Yojana (APY) | 59.08 Million | Rs. 0.405 Trillion |
As on 14th September 2024
About IIM A
Established in 1961, the Indian Institute of Management Ahmedabad (IIMA) is a premier, global institution that spearheads advancements in management education. For over six decades, the institute has garnered enduring recognition for its contributions to knowledge creation, professional practice, and policy formulation. IIMA fosters a dynamic ecosystem of collaboration, actively engaging with industry, government, and social enterprises to generate a progressive societal impact.
The institute prioritizes research as the cornerstone of its academic excellence and focuses on –
- Promoting excellence in scholarship by encouraging high-quality research, distinctive and effective teaching, and meaningful contribution to knowledge-creation in a variety of disciplines.
- Educating and nurturing leaders of institutions and entrepreneurial organizations and supporting them in their efforts to create high-quality talent and value.
- Impacting the world of policy and practice through continuous engagement with alumni and prominent stakeholders, decision makers and leaders in government, businesses and non-governmental enterprises.
IIM Ahmedabad has consistently ranked first among business schools in India in the National Institutional Ranking Framework (NIRF) rankings since 2020.
Conference Patron –
Dr Deepak Mohanty, Chairperson, PFRDA
Prof. Bharat Bhasker, Director, IIM Ahmedabad
Organizing Committee –
| PFRDA | IIM Ahmedabad |
| Prof. Manoj Anand, Whole Time Member (Finance) | Prof. Abhiman Das, Professor, Economics Area |
| Ms. Mamta Shankar, Whole Time Member (Economics) | Prof. Sobhesh Agarwalla, Professor, Finance and Accounting Area |
| Ms. Sumeet Kaur Kapoor, Executive Director | Prof. M P Ram Mohan, Professor, Strategy Area |
| Sh. Rahul Ravindran, Executive Director | Prof. Prashant Das, Associate Professor, Finance and Accounting Area |
| Sh. P Arumugarangarajan, Chief General Manager | Prof. Anindya Chakrabarti, Associate Professor, Economics Area |
| Sh. Sachin Joneja, General Manager | Prof. Tarun Jain, Associate Professor, Economics Area |
| Sh. Rajesh Mohan, General Manager | Prof. Neerav Nagar, Associate Professor, Finance and Accounting Area |
| Ms. Jaspreet Kaur, Deputy General Manager | |
| Sh. Manmeet Nagar, Assistant General Manager | |
| Sh. Guneet Singh Anand, Assistant Manager | |
| Sh. Indrajeet S Bhosle, Assistant Manager |