Pmsym : pradhan mantri shram yogi man dhan yojna pension
Government of india has
introduced a pension scheme for unorganized workers namely
pradhan mantri shram yogi maan-dhan (pm-sym) to ensure old age protection
for unorganized workers.
The unorganized workers mostly engaged as home based workers, street
vendors, mid-day meal workers, head loaders, brick kiln workers, cobblers, rag
pickers, domestic workers, washer men, rickshaw pullers, landless laborer's, own account workers, agricultural workers, construction workers,
beedi workers, handloom workers, leather workers, audio- visual workers and
similar other occupations whose monthly income is rs.15,000/ per month or less
and belong to the entry age group of 18-40 years. They should not be covered
under new pension scheme (nps), employees’ state insurance corporation (esic)
scheme or employees’ provident fund organization (epfo). Further,
he /she should not be an income tax payer.
Features of pm-sym: it is a voluntary and contributory pension
scheme, under which the subscriber would receive the following benefits :
(i) minimum assured pension: each subscriber under the pm-sym,
shall receive minimum assured pension of rs 3000/- per month after attaining
the age of 60 years.
(ii) family pension: during the receipt of pension, if the
subscriber dies, the spouse of the beneficiary shall be entitled to receive 50%
of the pension received by the beneficiary as family pension. Family pension is
applicable only to spouse.
(iii) &nbps; &&nbps;if a beneficiary has given regular
contribution and died due to any cause (before age of 60 years), his/her spouse
will be entitled to join and continue the scheme subsequently by payment of
regular contribution or exit the scheme as per provisions of exit and
withdrawal.
Contribution by the subscriber: the subscriber’s contributions to pm-sym
shall be made through ‘auto-debit’ facility from his/ her savings bank account/
jan- dhan account. The subscriber is required to contribute the prescribed
contribution amount from the age of joining pm-sym till the age of 60 years. The
chart showing details of entry age specific monthly contribution is as under:
Matching contribution
by the central government:
pm-sym is a voluntary and contributory pension scheme on a 50:50 basis where
prescribed age-specific contribution shall be made by the beneficiary and the
matching contribution by the central government as per the chart. For example,
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.
Enrolment process
under pm-sym: the subscriber will be
required to 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.
Please read official
pdf for more details.
Requirements for enrolment
A mobile phone.
Savings bank/jan dhan account.
Aadhaar number.
Important links
::::
Pmsym registration
- As of now, the applicant may visit the nearest csc
(common services center) and submit the required details to get enrolled.
- Vle will register the beneficiary electronically on the
system.
- A beneficiary has to pay 1st instalment in cash to csc.
- Now shram yogi pension number will be generated.
- Vle will print & handover the shram yogi card to
the
