Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM)
Ministry of Labour and Employment
Pradhan Mantri Shram Yogi Maan-dhan is a voluntary pension scheme for unorganised sector workers aged 18 to 40 with income up to Rs 15,000 a month. Subscribers contribute Rs 55 to Rs 200 monthly, matched equally by the government, to get a fixed Rs 3,000 monthly pension after age 60.
Key facts
- Nodal ministry
- Ministry of Labour and Employment
- Level
- Central
- Launched
- 2019
- Last date
- Open all year for enrolment, ages 18 to 40.
- Helpline
- 1800-267-6888
What you get
A voluntary, contributory pension scheme guaranteeing a fixed monthly pension of Rs 3,000 after age 60. The subscriber contributes Rs 55 to Rs 200 a month depending on entry age, matched equally by the central government.
Who is eligible
Unorganised sector workers aged 18 to 40 years, with monthly income up to Rs 15,000, who are not covered under EPFO, ESIC or government funded NPS, and are not income tax payers.
Documents you need
Aadhaar card, savings bank account and IFSC details, mobile number, passport size photo
How to apply
Visit the nearest Common Service Centre with Aadhaar and bank passbook. The operator fills the enrolment form and generates the Shram Yogi card, or you can self-enrol on the Maandhan portal using Aadhaar e-KYC.
Frequently asked questions
Who is eligible for PM-SYM?
Unorganised sector workers aged 18 to 40 with monthly income up to Rs 15,000, not covered under EPFO, ESIC or government funded NPS.
How much pension does PM-SYM give?
A fixed monthly pension of Rs 3,000 after the subscriber turns 60, provided contributions are paid regularly.
What is the PM-SYM monthly contribution?
Between Rs 55 and Rs 200 a month depending on entry age, matched with an equal contribution by the central government.
How do I enrol in PM-SYM?
Visit a Common Service Centre with Aadhaar and bank passbook, or self-enrol on the Maandhan portal using Aadhaar e-KYC.
What is the PM-SYM helpline number?
Subscribers can call 1800-267-6888 for enrolment and pension related queries.