Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) Brief - Summary
The Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) scheme is essential for providing old age protection and social security to Unorganised Workers (UW) in India. These workers often include rickshaw pullers, street vendors, mid-day meal workers, head loaders, brick kiln workers, cobblers, rag pickers, domestic workers, washer men, home-based workers, own account workers, agricultural workers, construction workers, beedi workers, handloom workers, leather workers, audio-visual workers, and others engaged in similar occupations.
Who Can Benefit from PM-SYM?
The PM-SYM scheme is designed to uplift the elderly by offering financial security. To qualify, applicants must meet certain criteria, which include:
- Being an unorganised worker (UW)
- Age should be between 18 and 40 years
- Monthly income must be Rs 15000 or below
Key Features of the Scheme
This is a voluntary and contributory pension scheme. Once a subscriber reaches the age of 60 years, they will receive a minimum assured pension of Rs 3000/- per month. In the event of the subscriber’s death, their spouse is entitled to receive 50% of the pension as a family pension. It is important to note that the family pension is applicable only to the spouse.
You can easily download the Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) Brief in PDF format online using the link provided below. This PDF will give you more detailed information about the scheme and its benefits.
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