law: The Pension Fund Regulatory and Development Authority Act, 2013
  7. Restriction on
  
  future employment of members.
  1.  
  
    The
  
  Chairperson and the whole-time members shall not, for a period of two years
  
  from the date on which they cease to hold office as such, except with the
  
  previous approval of the Central Government, accept-
  a.   any employment either
  
  under the Central Government or under any State Government; or
  b.   any appointment in
  
  any regulated entity in the pension sector.
  2.  The
  
  Chairperson and the whole-time members of the Interim Pension Fund Regulatory
  
  and Development Authority holding the office as such before the commencement of
  
  this Act, shall not, on and after such commencement, accept any appointment in
  
  any regulated entity in the pension sector for a period of two years from the
  
  date on which they cease to hold office as such, except with the previous
  
  approval of the Central Government.