Day: May 2, 2019

All you need to know about PM-SYM pension scheme

All you need to know about PM-SYM pension scheme

News
Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) is a government pension scheme for unorganised workers that admits unorganised workers in the age group of 18-40 years with a monthly income up to Rs. 15,000. It also offers a minimum guaranteed pension of Rs. 3,000 a month after the subscriber turns 60. However, the worker should not be covered under any scheme like NPS, Employees’ State Insurance Corporation scheme or Employees’ Provident Fund Organisation Scheme, among other requirements, according to the EPFO. Here are key features to know about the pension scheme PM-SYM: 1. How to join pension scheme Pradhan Mantri Shram Yogi Maan-Dhan Eligible individuals may visit the nearest common service centre to enrol under the PM-SYM, according to the provident fund body’s website. 2