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Pradhan Mantri Shram Yogi Maan-dhan Scheme

Pradhan Mantri Shram Yogi Maan-dhan Scheme

Union Government told that total thirty lakh 85 thousand 205 persons have been enrolled under Pradhan Mantri Shram Yogi Maan-dhan Scheme till 10th of this month. In Lok Sabha, Labour and Employment Minister Santosh Kumar Gangwar said the government has launched the PM-SYM a voluntary and contributory pension scheme for the benefit of unorganized workers in February this year in the country. 

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He said the scheme assures the minimum monthly pension of three thousand rupees to the beneficiaries after attaining the age of 60 years. The Minister said under this scheme, the subscriber is required to pay the prescribed contribution amount and the Central Government provides the equal matching contribution.

About Pradhan Mantri Shram Yogi Maan-dhan
The scheme will come into force from 15 February, 2019
As per the notification the Scheme shall apply to the unorganised workers.
They are working or engaged as home- based workers, street vendors, mid-day meal workers, head loaders, brick kiln workers, cobblers, rag pickers, domestic workers, washermen, rickshaw pullers, landless laborers, own account workers, agricultural workers, construction workers, etc.
To join the mega pension scheme, the monthly income of unorganized worker should not exceed Rs 15,000. 
The eligible person should have a savings bank account and Aadhaar number.
The age of workers should not be less than 18 years 
They should not more than 40 years of age.
During the years when pension is received by subscriber, if he/she dies, then spouse shall be eligible to receive 50 percent of the pension received by the subscriber. 
The Children of the subscriber will not be allowed to receive any pension benefit after his/her death.
The minimum monthly pension assured in the scheme is Rs 3000 which will be paid to the subscriber after attaining the age of 60 years.

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