Pradhan Mantri Shram Yogi Maan-Dhan: Ensuring a Secure Future for Unorganized Workers

What is Pradhan Mantri Shram Yogi Maan-Dhan?

Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) is a government-initiated pension scheme designed to support unorganized sector workers. Launched by the Ministry of Labour and Employment, it aims to provide social security to workers in occupations such as street vending, agriculture, construction, and more. The scheme offers a guaranteed monthly pension to help these workers lead a dignified life in their old age.

Benefits of Pradhan Mantri Shram Yogi Maan-Dhan

Benefit Description
Monthly Pension
Rs. 3,000 per month after the age of 60
Contribution Matching
Government matches the worker’s monthly contribution
Easy Enrollment
Simple registration process at Common Service Centers (CSCs)
Lifelong Security
Assured pension for the enrolled worker’s lifetime
Family Support
In case of the subscriber’s death, the spouse receives 50% of the pension

Eligibility for the Scheme

Eligibility Criteria Details
Age 18 to 40 years
Monthly Income
Up to Rs. 15,000
Occupation
Unorganized sector worker
Existing Schemes
Not covered under any other statutory social security schemes (e.g., NPS, EPFO, ESIC)

Official Website

How to Apply for Pradhan Mantri Shram Yogi Maan-Dhan

  1. Visit a Common Service Center (CSC): Locate your nearest CSC for assistance.
  2. Aadhaar and Savings Bank Account: Ensure you have your Aadhaar card and a savings bank account.
  3. Enrollment Process: The CSC operator will help you fill out the online application.
  4. Automatic Deduction: Monthly contributions will be automatically deducted from your savings account.
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Documents Required for Pradhan Mantri Shram Yogi Maan-Dhan

Document Purpose
Aadhaar Card Proof of identity
Savings Bank Account/Jan Dhan Account
For contribution auto-debit
Mobile Number
For communication and updates
Age Proof
Verification of age eligibility

How to Check Application Status

  1. Visit the Official Website: Go to the PM-SYM scheme’s official website.
  2. Login: Use your Aadhaar number and mobile number to log in.
  3. Check Status: Navigate to the ‘Check Status’ section and enter your details.

Sources and References

Common FAQs about Pradhan Mantri Shram Yogi Maan-Dhan

Q: Who can enroll in PM-SYM?
A: Unorganized sector workers aged 18-40 years with a monthly income up to Rs. 15,000.

Q: What happens if the subscriber dies?
A: The spouse receives 50% of the monthly pension.

Q: Can I withdraw my contribution?
A: The contributions are non-refundable. However, if you exit the scheme before 10 years, your share of contribution will be returned with savings bank interest.

Q: Is the pension amount fixed?
A: Yes, the scheme guarantees a fixed monthly pension of Rs. 3,000 after the subscriber turns 60.

By understanding and utilizing the Pradhan Mantri Shram Yogi Maan-Dhan scheme, unorganized sector workers can secure their future and ensure a stable income during their retirement years.

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