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Pradhan Mantri Shram Yogi Maandhan Yojana | Government Rs 3000 Pension Scheme
Original: Pradhan Mantri Shramyogi Maandhan Yojana in Telugu | Government Rs 3000 Pension Scheme Yojana PMSYMY
Takeaway
Unorganized workers can secure a Rs 3,000 monthly pension after 60 by joining PMSYMY with low monthly contributions matched by the government.
Summary
- PMSYMY launched February 15, 2019 for unorganized sector workers — contributory pension scheme with 50:50 subscriber-government match.
- Provides lifelong Rs 3,000/month pension after age 60; example contributions: age 29 pays Rs 100/month (government matches), age 40 pays higher.
- Eligibility documents: Aadhaar, savings bank account proof or Jan Dhan account, active mobile number — enrollment via Common Service Centers (CSCs).
- Can also enroll at LIC branches, ESIC offices, EPFO offices, and state/central labor offices.
- Premium auto-debited monthly; pension number generated immediately on first installment payment with acknowledgment receipt.
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Original description
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