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Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM)
In order to provide financial security to the
workers of the unorganized sector in old age, the government has launched Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM).
Under this, the government will give a pension of Rs 3000 per month after the
age of 60 years to workers with income less than Rs 15,000. Under this scheme,
you can arrange a pension of 3 thousand rupees for yourself by investing only
55 rupees every month. We are telling you about this plan.
What is the plan?
Under this scheme,
workers in the unorganized sector get a pension of Rs 3000 after the age of 60
years. Under the scheme, the contribution that the beneficiary makes every
month, the more the government mixes in it. That is, if your contribution is
100 rupees then the government will also add 100 rupees to it.
Who will get pension under this scheme?
This scheme is for
labourers working in the unorganized sector. These include houseworkers,
hawkers, drivers, plumbers, tailors, mid-day meal workers, rickshaw drivers,
construction workers, garbage pickers, beedi makers, handlooms, agricultural
workers, cobblers, washermen, Leatherworkers have been included. The Labor
Ministry has also released a list of 127 types of work that will be given to
those who are in the unorganized sector and will be given the benefit of
pension scheme.
What is the rule?
The income of the
unorganized sector labourer should not exceed Rs 15,000 for the scheme. Saving
bank account or Jan Dhan account should have a passport and Aadhaar number. Age
should not be less than 18 years and not more than 40 years. It has not already
taken advantage of any other pension scheme of the Central Government.
What are the conditions?
- In case of default in contribution (instalment) of its share, the eligible member will be allowed to regularize the contribution by paying the arrears with interest. The government will decide this interest.
- If it is willing to withdraw from the scheme within 10 years from the date of joining the scheme, then only its share contribution will be returned to the savings bank interest rate.
- If the pensioner leaves the scheme after 10 years but before the age of 60 years, he/she will be returned his / her contribution along with the actual interest earned in the pension scheme.
- In case of death of a member due to some reason, the spouse will have the option to run the scheme. For this, he will have to contribute regularly.
- Apart from this, if the pensioner dies after 60 years under this scheme, his nominee will get 50% pension.
- If able to contribute to the scheme if temporarily disabled before the age of 60 years, then he will have the option to withdraw from the scheme by contributing his share with the actual interest of the scheme.
The chart showing
the details of the entry age-specific monthly contribution of Pradhan Mantri
Shram Yogi Maan-dhan (PM-SYM) is as follows
|
Entry Age |
Superannuation
Age |
Member's
monthly contribution (Rs) |
Central
Govt's monthly contribution (Rs) |
Total monthly
contribution (Rs) |
|
(1) |
(2) |
(3) |
(4) |
(5)=(3)+(4) |
|
18 |
60 |
55 |
55 |
110 |
|
19 |
60 |
58 |
58 |
116 |
|
20 |
60 |
61 |
61 |
122 |
|
21 |
60 |
64 |
64 |
128 |
|
22 |
60 |
68 |
68 |
136 |
|
23 |
60 |
72 |
72 |
144 |
|
24 |
60 |
76 |
76 |
152 |
|
25 |
60 |
80 |
80 |
160 |
|
26 |
60 |
85 |
85 |
170 |
|
27 |
60 |
90 |
90 |
180 |
|
28 |
60 |
95 |
95 |
190 |
|
29 |
60 |
100 |
100 |
200 |
|
30 |
60 |
105 |
105 |
210 |
|
31 |
60 |
110 |
110 |
220 |
|
32 |
60 |
120 |
120 |
240 |
|
33 |
60 |
130 |
130 |
260 |
|
34 |
60 |
140 |
140 |
280 |
|
35 |
60 |
150 |
150 |
300 |
|
36 |
60 |
160 |
160 |
320 |
|
37 |
60 |
170 |
170 |
340 |
|
38 |
60 |
180 |
180 |
360 |
|
39 |
60 |
190 |
190 |
380 |
|
40 |
60 |
200 |
200 |
400 |
How can one avail the scheme? For registration
in Pradhan Mantri Shram Yogi Maan-dhan
(PM-SYM), Pension Yojana one has to visit the Common Service Center
(CSC) Center. After this, the Aadhar card and savings account or Jan Dhan
account will have to be given. Can show passbook, chequebook or bank statement
as proof. You can also register a nominee at the time of opening an account.
Once your details are registered in the computer, the information of monthly
contribution will be received automatically. After this, you have to make your
initial contribution in the form of cash. After this, your account will open
and you will get the Shram Yogi Card. You can get information about this scheme
on 1800 267 6888 toll-free number.
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