Under PFRDA Act, the appeals against decisions of PFRDA can be made to:

Under the PFRDA Act, appeals against decisions of the Authority can be made to the Securities Appellate Tribunal (SAT). SAT is a quasi-judicial body that hears appeals from entities regulated by financial authorities like SEBI and PFRDA. This mechanism provides an independent review  of PFRDA decisions, ensuring fairness, accountability, and protection of subscriber and intermediary rights. It strengthens legal recourse in pension regulation, safeguarding transparency and subscriber confidence in retirement schemes like NPS and APY.