Shram Yogi Maandhan Yojana: Do you do any of these jobs? Then the government will give a pension of Rs 3000, know how to apply..

To provide financial security to the people of the unorganized sector in old age, the government has started the Pradhan Mantri Shram Yogi Maandhan Yojana. Under this, workers with an income of less than Rs 15,000 get a pension of Rs 3000 per month after the age of 60.

When did it start?

The Pradhan Mantri Shram Yogi Maandhan (PM-SYM) scheme was started in 2019. Under this scheme, workers in the unorganized sector get a pension of Rs 3000 after the age of 60. Under the scheme, the government adds as much contribution as the beneficiary makes every month. If your contribution is Rs 100, then the government will also add Rs 100 to it.

Who can take advantage of this scheme?

This scheme is for workers working in the unorganized sector. These include household workers, street vendors, drivers, plumbers, tailors, mid-day meal workers, rickshaw pullers, construction workers, garbage pickers, bidi makers, handloom workers, agricultural workers, cobblers, washermen, and leather workers.

What are the conditions to avail of the benefits of this scheme?

For Pradhan Mantri Shram Yogi Maandhan, the income of an unorganized sector worker should not exceed Rs 15,000. The age should not be less than 18 years and not more than 40 years. He should have a passport and Aadhaar number of a savings bank account or Jan-Dhan account. Along with this, he should not have already availed the benefits of any other pension scheme of the Central Government.

What are the rules of pension?

In case of default in making his share of the contribution (installment), the eligible member will be allowed to regularize the contribution by paying the outstanding amount along with interest. This interest will be decided by the government. If a person wishes to exit the scheme within 10 years from the date of joining the scheme, then only his share of the contribution will be returned to him at the interest rate of the savings bank. If the pensioner exits the scheme after 10 years but before the age of 60, then his share of the contribution will be returned along with the actual interest earned in the pension scheme.

What if the pension holder dies?

If the member dies due to any reason, the spouse will have the option to run the scheme. For this, he will have to make regular contributions. Apart from this, if the pension recipient under this scheme dies after 60 years, then his nominee will get a 50 percent pension.

How much contribution will have to be made?

In this scheme, an 18-year-old applicant will have to deposit Rs 55 per month. A 19-year-old applicant will have to deposit Rs 58. A 20-year-old person will have to deposit Rs 61. A 21-year-old person will have to deposit Rs 64. If the age at the time of application is 22 years, then they will have to deposit Rs 68 every month. If the age is 23 years, then they will have to deposit Rs 72 monthly. If the age is 24 years, then the monthly installment will be Rs 76. If the age at the time of application is 25 years, then the applicant will have to deposit Rs 80 every month. If the age is 35 years, then they will have to pay Rs 150 every month, a 36-year-old applicant will have to pay Rs 160, and a 37-year-old person will have to pay Rs 170 every month on applying for the scheme.

Where can you apply?

For registration in the Pradhan Mantri Shram Yogi Maandhan Pension Scheme, one will have to go to the Common Service Center (CSC) Center. After this, the details of the Aadhaar card and savings account or Jan Dhan account will have to be given there. You can show a passbook, checkbook or bank statement as proof. You can also register an on-line nominee at the time of opening the account. Once your details are entered in the computer, you will automatically get information about your monthly contribution. Then you will also get the Shram Yogi Card.