Pradhan Mantri Shram Yogi Maandhan Yojana: Your Top 10 FAQs Answered

The Pradhan Mantri Shram Yogi Maandhan (PM-SYM) is a government pension scheme aimed at securing the future of India’s unorganised workforce. With over 30 crore workers in the informal sector, this initiative promises financial stability during old age. Here are answers to the top 10 questions about the scheme:

1. What is PM-SYM?

PM-SYM is a voluntary pension scheme launched by the Government of India in 2019. It ensures a monthly pension of ₹3,000 for unorganised sector workers after they turn 60. The government matches the worker’s contributions, making it affordable and accessible.

2. Who is Eligible?

You qualify if:

• You are an unorganised worker (e.g., street vendor, domestic worker, farmer, rickshaw puller).
• Your monthly income is ₹15,000 or less.
• You are aged 18–40 years.
• You are not covered under EPF, ESIC, NPS, or any other pension scheme.

3. How Much Pension Will I Receive?

After turning 60, you will receive ₹3,000 per month for life. If the beneficiary dies, the spouse gets 50% of the pension as a family pension.

4. What Are the Monthly Contributions?

Your contribution depends on your age at enrollment:

Age When Joining	Monthly Contribution (Worker + Govt)
18 years	₹55 + ₹55
20 years	₹65 + ₹65
25 years	₹80 + ₹80
30 years	₹105 + ₹105
35 years	₹150 + ₹150
40 years	₹200 + ₹200

5. How to Enroll?

Visit a Common Service Centre (CSC) or register online at https://maandhan.in. Carry:

• Aadhaar card
• Savings/Jan Dhan bank account details
• Mobile number

Biometric authentication via Aadhaar is required.

6. What If I Exit the Scheme Early?

• Before 10 years: Refund of contributions + savings bank interest.
• After 10 years but before 60: Refund with higher of accumulated interest or savings bank rate.
• Death/Disability: Spouse continues the scheme or withdraws contributions with interest.

7. Is Family Pension Available?

Yes. If the beneficiary dies after 60, the spouse receives 50% of the pension (₹1,500/month).

8. What Documents Are Needed?

• Aadhaar card
• Bank account details (with IFSC)
• Mobile number

9. Who Manages the Scheme?

The Ministry of Labour and Employment oversees PM-SYM, with LIC as the pension fund manager. Over 46 lakh workers have enrolled so far, with top states being Haryana, Uttar Pradesh, and Maharashtra.

10. How Successful is PM-SYM?

As of March 2025:

• 36 states/UTs covered
• 3.5 lakh CSCs facilitate enrollment
• Over 46 lakh enrollments
• Features like Donate-a-Pension and SMS campaigns boost awareness.

Why PM-SYM Matters
For millions of informal workers, PM-SYM is a lifeline, ensuring dignity and security in old age. With flexible exit rules and government-backed contributions, it bridges the gap in India’s social security framework.

Enroll Today!
Visit https://maandhan.in or call 1800 2676 888 for assistance.

Sources: PIB