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Feb 3, 2019

[CA] Pradhan Mantri Shram-Yogi Maandhan Yojana



·        It is a scheme for the unorganised sector workers with monthly income upto Rs 15,000. A sum of Rs 500 crore has been allocated for the Scheme.
·        This scheme shall provide an assured monthly pension of Rs 3,000 from the age of 60 years on a monthly contribution of a small affordable amount during their working age.
·        An unorganised sector worker joining pension yojana at the age of 29 years will have to contribute only Rs 100 per month till the age of 60 years. A worker joining the pension yojana at 18 years, will have to contribute as little as Rs 55 per month only.
·        The Government will deposit equal matching share in the pension account of the worker every month.

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