EOI for Design & development of a MARS under NPS

EXPRESSION OF INTEREST (EOI)
For
Design and development of a Minimum Assured Returns Scheme (MARS)
under
National Pension System (NPS)
By
Pension Fund Regulatory and Development Authority
Invites response from Actuary/Actuarial – Investment Management Firms
Last date for submission of EOI: 15.03.2019 up to 1:00 P.M.

Disclaimer

The information contained in this EOI document or information provided subsequently to applicant(s) or applicants whether verbally or in documentary form by or on behalf of PFRDA/Authority, is provided to the applicant(s) on the terms and conditions set out in this E01 document and all other terms and conditions subject to which such information is provided.

This EOI document is not an agreement and is not an offer or invitation by Authority to any parties other than the applicants who are qualified to submit the bids (`applicants’). The purpose of this EOI is to provide the applicant(s) with information to assist the formulation of their proposals. This EOI does not claim to contain all the information each applicant may require.

Each applicant should conduct its own investigations and analysis and should check the accuracy, reliability and completeness of the information in this EOI and where necessary obtain independent advice. Authority makes no representation or warranty and shall incur no liability under any law, statute, rules or regulations as to the accuracy, reliability or completeness of this EOI. Authority may in its absolute discretion, but without being under any obligation to do so, update, amend or supplement the information in this EOI.

Definitions:

a. “Authority” means Pension Fund Regulatory and Development Authority (PFRDA)
b. “EOI” means Expression of Interest
c. “MARS” means minimum assured returns scheme in terms of Sec 20 of the PFRDA Act, 2013

Schedules and Contact Information