Pradhan Mantri Shram Yogi Maandhan Yojana (PMSYM) Pension Scheme DetailsPublished on: 2019-10-18 10:24:21
Central govt. has announced a new Pradhan Mantri Shram Yogi Maandhan Yojana (PMSYM) for informal workers in Union Budget 2019-20. Under this PMSYM scheme, the govt. will provide Rs. 3000 per month as pension to all the unorganized sector workers. Check PM Shramyogi Mandhan Yojana apply online process, pension chart, eligibility criteria, who are its beneficiaries & complete details.
Now all the people working in unorganized sector will have to make a monthly contribution of Rs. 55 to Rs. 200 per month and then govt. will provide them Rs. 3000 monthly pension after retirement. The eligibility criteria for Pradhan Mantri Shram Yogi Maandhan Yojana 2019 is that the person must be working in unorganized sector. The salary of the person must be less than Rs. 15,000 per month to avail pension under PMSYMY.
The Union government has allocated Rs. 500 crore for this social security scheme and has started inviting PM Shram Yogi Maandhan Yojana online application form. This mega pension scheme would cover around 42 crore workers (majdoor) including rickshaw pullers, rag pickers and other small scale workers.
Pradhan Mantri Shram Yogi Maandhan Yojana 2019
Sh. Piyush Goyal has announced a new scheme for employees of unorganized sector in Union Budget 2019-2020. For such a huge workforce, central govt. announced Pradhan Mantri Shram Yogi Maandhan Yojana 2019. The important features and highlights of this PM Shram Yogi Mandhan Yojana are as follows:-
- Now each of the unorganized sector workers will get minimum assured pension amount of Rs. 3000 per month.
- For availing PMSYMY benefits, the salary of the person must not exceed Rs. 15000 per month.
- To avail benefits under PM Shram Yogi Maandhan Yojana 2019, each of the worker must make a contribution of Rs. 55 to Rs. 200 per month depending on their age.
- All the applicants would get this amount after they attain the age of retirement i.e 60 years.
- Family Pension: During the receipt of pension, if the subscriber dies, then the spouse of beneficiary shall be entitled to receive 50% of the pension received by the beneficiary as family pension. Family pension is applicable only to spouse.
Click at PMSYM Scheme Features PDF to get complete knowledge of pension scheme for unorganized workers. There is no work experience restriction which means that both the freshers who got job recently or are working for quite sometime in unorganized sector can avail benefits.
PM Shram Yogi Mandhan Yojana (PM-SYM) Apply Online
All the interested people who wish to avail benefits of pension under PM Shram-Yogi Mandhan Yojana Scheme can now apply online. The entire process to make enrollment / registration for PM Shramyogi Maan-dhan Yojna can be checked using the link given below:-
PM Shram Yogi Maan-dhan Yojana (PM-SYM) Registration Online
The subscriber should have a mobile phone, savings bank account and Aadhaar number. The eligible subscriber may visit the nearest Common Services Centres (CSC eGovernance Services India Limited (CSC SPV)) and get enrolled for PM-SYM using Aadhaar number and savings bank account/ Jan-Dhan account number on self-certification basis. Click at https://locator.csccloud.in/ to know your nearest CSC. Also click at Know Complete PM SYM Enrollment Process as mentioned on LIC India official website.
PM Shram-Yogi Maandhan Yojana Pension Chart (Subscriber Contribution)
In this mega pension scheme for unorganized workers, each beneficiary has to made certain contribution. This voluntary subscriber contribution ranges from Rs. 55 to Rs. 200 per month. It depends on the age of joining of the subscriber as the entry age is 18 years while maximum age to join is 40 years. The complete PMSYM pension chart can be checked using the link given below:-
PM Shram Yogi Maandhan Yojana Pension Chart 2019-2020
For eg – if a person enters the scheme at an age of 29 years, he is required to contribute Rs 100/ – per month till the age of 60 years an equal amount of Rs 100/- will be contributed by the Central Government.
Who Are Eligible for PM Shramyogi Maan-dhan Yojana
The unorganized worker’s salary must not be more than Rs. 15,000 per month and he / she can beloong to any occupation as described below:-
|Home based workers||Street vendors||Mid-day meal workers|
|Head loaders||Brick kiln workers||Cobblers|
|Rag pickers||Domestic workers||Washer men|
|Rickshaw pullers||Landless labourers||Own account workers|
|Agricultural workers||Construction workers||Beedi workers|
|Handloom workers||Leather workers||Audio-visual workers|
The central govt. has made a budgetary provision of Rs. 500 crore for the successful implementation of the Pradhan Mantri Shram Yogi Maandhan Yojana 2019. Theofficial notification for PM Shram Yogi Maandhan Yojana Scheme has also been released.
This is a brand new pension scheme for unorganized sector workers as the central govt. is committed to the welfare of these employees.