The Pension Fund Regulatory and Development Authority Act, 2013
40. Constitution of Pension Regulatory and Development Fund.
1. There shall be constituted a fund to be called the Pension Regulatory and Development Fund and there shall be credited thereto-
a. all Government grants, fees and charges received by the Authority;
b. all sums received by the Authority from such other source as may be decided upon by the Central Government.
2. The Fund shall be applied for meeting-
a. the salaries, allowances and other remuneration of the Chairperson and other members and officers and other employees of the Authority;
b. other expenses of the Authority in connection with the discharge of its functions and for the purposes of this Act.