Pradhan Mantri Shram Yogi Maandhan Yojana (PM-SYM) 2026: ₹3,000 Monthly Pension for Unorganized Workers

Pradhan Mantri Shram Yogi Maandhan Yojana (PM-SYM) is accepting online applications for unorganized sector workers through the official Maandhan portal at maandhan.in. Under this pension scheme, the central government provides ₹3,000 per month to informal workers after they turn 60.

Ministry of Labour and Employment runs the scheme with Life Insurance Corporation of India (LIC), which manages the pension fund. Workers like rickshaw pullers, street vendors, domestic helpers, and agricultural laborers can join by paying a small monthly amount that the government matches equally.

Overview of Pradhan Mantri Shram Yogi Maandhan Yojana

PM-SYM is a voluntary and contributory pension scheme made for workers in the unorganized sector. It was first announced in the Interim Budget 2019 and has been running since then. The idea is simple: a worker contributes a fixed amount every month, the government adds the same amount, and after the age of 60 the worker gets a fixed pension of ₹3,000 for life.

Objectives of PM-SYM

The main aim of the scheme is to give old age protection to workers who do not have any regular income after retirement. A steady monthly pension helps these families cover daily expenses and live with some dignity. If the beneficiary passes away, the spouse gets 50% of the pension as a family pension, so the support does not stop suddenly.

Key Highlights of PM-SYM

Eligibility Criteria for PM-SYM

Before enrolling, a worker should check the basic conditions given below. Only those who meet all of them can join the scheme.

• Must work in the unorganized sector, such as street vending, construction, domestic work, or agriculture.
• Must be aged between 18 and 40 years at the time of enrollment.
• Monthly income should not exceed ₹15,000.

Workers who already pay into EPF, ESIC, or NPS, who pay income tax, or who get another government pension are not eligible for this scheme.

Financial Benefits of PM-SYM

Participants receive a pension of ₹3,000 per month after they turn 60. This steady income helps people who have no regular earnings in old age. The government matches the worker's contribution on a 1:1 basis, which doubles the savings over the years.

Necessary Documents for Application

Keep the following documents ready before visiting a Common Service Centre (CSC) or applying online. These are the basic papers needed to complete the enrollment.

• Aadhaar card for identity and biometric verification.
• Savings bank account or Jan Dhan account details with IFSC code.
• Mobile number linked to the Aadhaar for updates and OTP.

Monthly Contribution Under PM-SYM

The monthly contribution depends on the age at the time of enrollment. The earlier a worker joins, the lower the amount he or she has to pay each month.

Withdrawal Rules for PM-SYM

The exit rules are kept flexible because informal workers often face uncertain income. Depending on when a person leaves the scheme, the money is returned in different ways.

• If a worker exits within 10 years, the contributed amount is returned with savings bank interest.
• If the exit happens after 10 years but before age 60, the contribution is returned with the interest actually earned by the fund, whichever is higher.
• If the worker dies before 60 or becomes permanently disabled, the spouse can continue the scheme or withdraw the amount with interest.
• If the worker dies after 60, the spouse gets 50% of the pension as a family pension.
• After the death of both the subscriber and the spouse, the full amount goes back to the fund.

Enrollment Process for PM-SYM

STEP 1 - Visit the nearest Common Service Centre (CSC) with your Aadhaar card and savings bank account details.

STEP 2 - Give your biometric authentication using Aadhaar at the centre to confirm your identity.

STEP 3 - Fill the online registration form with your personal and bank details, and pay the first contribution in cash.

STEP 4 - Choose the auto-debit option from your bank account for future payments and collect your PM-SYM card after successful enrollment.

Workers can also enroll directly through the official Maandhan portal at maandhan.in. The scheme is part of the wider social security network for informal workers, similar to the National Pension Scheme for Traders and Self Employed Persons.

Important Downloads

You can download the official PM-SYM brochure from the Ministry of Labour and Employment website to read the full scheme details before applying.

Download PM-SYM Brochure (PDF)

Contact / Helpline

For any help, you can call the toll-free helpline at 1800 2676 888, which works round the clock. You can also register a complaint through the official Maandhan web portal.

FAQ's

What is the monthly pension provided under PM-SYM?

The scheme offers a fixed pension of ₹3,000 per month after the worker turns 60.

How does the contribution work?

There is a 1:1 contribution ratio. The government matches the worker's monthly contribution, so the total amount doubles over time.

What is the age range for eligibility?

Participants must be between 18 and 40 years of age at the time of enrollment to qualify.

Can I withdraw my contributions?

Yes, you can withdraw your contributions under certain conditions, depending on the time of exit and your age at exit.

How do I apply for PM-SYM?

You can apply by visiting your local Common Service Centre and following the enrollment steps, or directly through the official Maandhan portal.