NewsPoliticsLoksabha 2019

How to Apply Pardhan Mantri Shram Yogi Pension Yojna : All Steps Listed Here

Pradhan Mantri Shram Yogi Mandhan Yojana will be implemented from 5th February, 2019. Under this scheme, people working in the unorganized sector will get pension of Rs 3000 per month after the age of 60 years.

Pradhan-Mantri-Shram-Yogi-Maandhan-Yojana

The central government has issued the terms of the  Prime Minister Shram Yogi Mandhan Yojana (Pradhan Mantri Shram Yogi Mandhan Yojana) . This scheme has started from 15th of February 2019. Under this scheme, people working in the unorganized sector will get pension of Rs 3000 everymonth after the age of 60 years. The government had announced this plan in the  interim budget on February 1  . The government has notified the scheme.  The Govt. is planning to launch the scheme at the earliest before the implementation of code-of-conduct due to general elections.

Age limit for joining the scheme.

Age of labor should not be less than 18 years and not more than 40 years. Already being a member of any other pension scheme supported by the Central Government, the worker will not be eligible for the Prime Minister Shram Yogi Mandhan scheme.

Who can be included:

This scheme covers the workers of unorganized sectors, rickshaw drivers, construction workers, garbage collectors, bead makers, handlooms, agricultural laborers, cobbler, washers, leather workers and other similar tasks. Note! If there is more than one bank account, then be aware, otherwise the loss should be  so that the income of the workers in the unorganized sector should not exceed Rs. 15,000 in order to join the Pradhan Mantri Shram Yogi Pension Scheme . The eligible person should have a Savings Bank Account and Aadhar number. How much to do with the contribution scheme, the workers joining the age of 18 will have to deposit monthly amount of Rs 55. The government will also contribute the same amount. Plan at greater age  to get more benefits of this scheme.

The monthly contribution of the person joining will also increase. The worker who joins the scheme at the age of 29 will have to contribute a monthly subscription of 100 rupees whereas a 40 year old person will have to contribute Rs. 200 per month for the scheme. Under the scheme, contribution will be made till the age of 60 years. 

What after Death ?
There will also be a provision if a worker is regularly contributing and due to some reason he dies, his wife will be eligible to take the plan forward. She can contribute further in the plan. If the beneficiary’s wife or husband wants to get out of the plan on the death of the contributor, he/she can get the full amount including the interest on the total contribution made and can opt out of the plan. 

What will happen if you are disabled
In the event of a permanent disability of the beneficiary of the scheme, her husband or wife can continue or continue the plan. It has been said in the notification that after the commencement of the pension, in case of death of the beneficiary, his wife or husband will be entitled for pension and it will be paid 50 percent of the pension amount. 

Leave a Reply