Sebi mulls pension fund for employees
Friday, 28 March 2014
NEW DELHI, Mar 27 (PTI): Capital markets regulator Securities and Exchange Board of India (Sebi) is mulling the feasibility of a pension or superannuation fund for its employees as part of efforts to retain talent by providing long-term benefits to the staff.
The proposal has been discussed by Sebi's Committee on Rationalisation of Financial Resources (CRFR), which favours setting up such a fund, sources said.
The CRFR, which submitted its report earlier this month, was asked to analyse and suggest various means to bolster Sebi's financial resources to help it deliver its regulatory and investor-protection mandate.