Prime Minister Shram Yogi Mandhan Pension Scheme
Prime Minister Shram Yogi Mandhan Pension Scheme was announced by Prime Minister Narendra Modi in the Interim General Budget 2019, the ambitious pension scheme of the workers of the unorganized sector of the country. Under the scheme, unorganized sector workers / laborers will get a monthly pension of at least three thousand rupees after completion of 60 years or after retirement.
Key information of the scheme:
The scheme was launched on 15 February 2019. The total budget of the scheme is 500 crores.
To avail the benefit of Prime Minister Shram Yogi Mandhan Pension Scheme, the minimum age should be 18 years and maximum age should be 40 years. Due to this, people of younger age and older age will not be able to avail the scheme.
Under this scheme, workers with a monthly income of less than 15 thousand rupees, who are between 18 and 40 years of age, according to their age, can contribute from 55 to 200 rupees and after the age of 60, at least three thousand rupees. Can get monthly pension of Rs.
In this scheme, the government will also fill the amount of premium equal to the premium given by you. Which means there will be a 50-50% partnership between the government and the beneficiary.
The main objective of Pradhan Mantri Shramayogi Maandhan Yojana is to provide financial assistance to the unorganized sector workers after the age of 60 years. So that they do not have to face financial crisis after retirement.
For this scheme, 3.13 lakh centers have been set up across the country. The registration process for the scheme is going on from 15 February. Large networks of LIC have been used to register for the scheme.
Prime Minister Shram Yogi Maandhan Yojana Application Form and Procedure:
The Prime Minister can apply for Shram Yogi Maandhan Yojana at the Common Service Center of the Panchayat, besides online registration.
To apply for this scheme, one has to go to the Common Service Center (CSC) nearby with Aadhar card and bank account information.
Here, after taking all the information from the service center, the officers of the service center will register in the scheme on the basis of the age of the applicant, on the same basis, the applicant will have to pay a premium.
The premium amount for the first month will be deducted by the account wallet of the CSC officer, after which the applicant will have to pay the cash in cash to the CSC officer.
The applicant's online Labor Yogi pension number will be generated as soon as the officer makes an online payment. And also a separate receipt of the signature of the applicant will be generated.
The officer will print out this receipt, take the signature of the applicant on it, and then scan it and upload it to the site. After this, the applicant's Shram Yogi card will be generated, which will be given out after printing.
Finally, after the confirmation of the bank account, the premium debit will start every month, the information of which will also be available to the applicant through the message in the mobile.
Under the contribution chart given below, understand how much premium will have to be paid:
In case of abandonment of the scheme:
If someone leaves the scheme within 10 years after starting the scheme, the amount he had deposited as premium so far will get that amount along with interest.
If a person leaves the scheme after 10 years of starting the scheme but before 60 years, he gets the premium amount plus interest, pension fund interest rate or simple account interest rate, whichever is higher.
On death (before 60 years) - If a person participates in the scheme, and also collects the premium continuously, but if he dies in the middle, then his spouse can continue the scheme. , And can collect further premiums. But if he does not want to continue the scheme further, he can leave it in the middle, he will be given the deposit, along with interest by the government. If the holder and his / her nominee's spouse also dies, the entire deposit will go to the Pension Fund.
Death after 60 years - If a person dies after the age of 60, then his spouse will continue to get 50% of the pension amount received under this scheme.