If you earn less than 15 thousand, you can avail the benefit of this scheme of the government

The central government has introduced several schemes for workers in the unorganized sector. These include the Pradhan Mantri Shram Yogi Maandhan Yojana (PM-SYM). If you are between 18 and 40 years old then you can take advantage of this. Under this, a pension of 3 thousand rupees will be given every month on completion of 60 years of age.

Highlights

• If you are between 18 and 40 years old then you can take advantage of this
• Under this, a pension of 3 thousand rupees will be given every month on completion of 60 years of age.
• Only those people whose benefit is less than 15 thousand rupees monthly
• Three documents required for registration, Aadhaar, bank account, and mobile number

For the unorganized sector workers, the Central Government has launched the Pradhan Mantri Shram Yogi Maandhan Yojana (PM-SYM). Garbage pickers, domestic workers, rickshaw drivers, washermen, and agricultural laborers can take advantage of this. Under this, each laborer will get a minimum pension of Rs 3 thousand per month after completing 60 years of age. Also, if the beneficiary dies while getting the pension, then 50% of his pension amount will be given as a pension to his spouse.

According to government figures, around 42 crore people in the country belong to the unorganized sector. These people have a chance to avail of this scheme. According to the data, by May 6, about 64.5 lakh people had registered themselves in it. The age for registration under this should be between 18 years to 40 years. Only those people whose monthly income does not exceed 15 thousand rupees can get the benefit of this.

How will registration

You can find your nearest Common Service Center (CSC) on the Employees Provident Fund Organization (EPFO) website. You can register in it. Apart from this, you can also apply by visiting Life Insurance Corporation of India (LIC) branch, State Employees Insurance Corporation (ESIC), EPFO ​​, or Labor Office of Central and State Government. The labor departments of some states are also campaigning for registration in it themselves.

Required documents

For registration under this scheme, you need only three documents which are available with everyone nowadays. These are Aadhaar card, saving with code or Jan Dhan account, and mobile number. There will be a premium according to age. The younger the member, the lower his premium will be. If someone will join the scheme at the age of 18, then they have to deposit Rs 55 per month. Similarly, a person aged 29 years will have to pay Rs 100 and a worker of 40 years will have to pay Rs 200. This is the maximum premium. This amount will have to be deposited until the age of 60 years. The higher the premium you deposit, the more the government will deposit the same in your name.

Who will not benefit

Individuals working in the organized sector or members of Employees Provident Fund (EPFO), National Pension Scheme (NPS), or State Employees Insurance Corporation (ESIC) or paying income tax cannot avail of this scheme.