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Day: 16 February 2019

Pradhan Mantri Shram Yogi Mandhan (PMSYM) – Mega Pension Yojana Scheme 2019

Misc
In Budget 2019, government has announced a Mega Pension Yojana, namely Pradhan Mantri Shram Yogi Mandhan (PM-SYM), to provide assured monthly pension of Rs 3000 per month for workers in the unorganised sector.  Unorganised sector workers with income up to Rs 15,000 per month,  will get pension after after 60 years of age for a contribution of Rs 100 per month.  In this post, I am providing more details about features of this pension yojana, its eligibility and application details:   Features - Pradhan Mantri Shram Yogi Mandhan (PMSYM)  Pension Yojana Contribution: The applicant opting for this pension yojana, needs to contribute a certain amount (Rs 55 - Rs 200 depending ion your age) in the pension account every month. If you join the scheme at the age of 18 years, you will ...