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Pradhan Mantri Shram Yogi Manndhan Yojana

​This scheme aims to give an assured monthly pension of Rs.3000 per month to workers in the unorganised sector after 60 years of age.The scheme is a voluntary and contributory pension scheme on a 50:50 basis where prescribed age-specific contribution shall be made by the beneficiary and the matching contribution by the Central Government as per the chart.

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​STEPS TO FOLLOW

  • Approach LIC/ Bank/ District labor office/ EPFO/ ESIC/ CSC and present their Aadhaar number, savings bank account number and mobile number.

  • The facilitation desk will fill one's online application and download it with a unique ID.

  • This form has to be signed by one physically in order to permit auto debit.

  • One has to then deposit this form in one's own bank branch.

  • The bank then deducts the first installment from one's bank and sends details to LIC which generates pension account number and issues SMS along with e-card. *customer care number -1800 267 6888

benefits

Minimum assured pension of Rs. 3000 after 60 years of age

eligibility

  • Unorganised Workers

  • Age- 18-40 years

  • Monthly Income- Less than Rs. 15,000

documents Required

  • Aadhaar Card

  • Bank Passbook

  • Monthly premium- min. Rs.55-max. Rs. 200

© 2020 Supported by Urban Management Centre

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