Labour & EmploymentPRADH

Pradhan Mantri Shram Yogi Mandhan

A voluntary and contributory pension scheme for unorganized sector workers offering a minimum assured pension of ₹3,000 per month after age 60.

OtherStudent / YouthRural Artisan
Benefit
Non-monetary
Typical lead time
Phase
Benefits

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Official fee

₹0 — completely free

There is no registration or processing fee at CSCs. Only the monthly premium contribution based on entry age is auto-debited.

Beware of lookalike portals

Do not pay cash to unauthorized agents promising immediate pension releases. Premium is strictly auto-debited through bank accounts.

Only the "Apply on official portal" button above leads to the verified government site.

Highlights and Media

Audio Summary Guide

Pradhan Mantri Shram Yogi Mandhan Audio Guide

Generated via NirmanKit AI Voice

0:001:33

This AI-generated podcast overview simplifies complex scheme documents. Refer below for official text.

Key Highlights

Assured Monthly Pension

Receive a guaranteed minimum pension of ₹3,000 per month after attaining 60 years of age.

Matching Government Outlay

The Central Government co-contributes an equal matching amount directly into the subscriber's pension account.

Family Security

In case of subscriber's death, the spouse is legally entitled to receive 50% of the pension as a family pension.

Monthly Contribution Slabs by Age

Subscribers' monthly out-of-pocket premium based on entry age (matched 1:1 by government)

Entry Age 18 Years

₹55/month

Entry Age 25 Years

₹80/month

Entry Age 30 Years

₹105/month

Entry Age 35 Years

₹150/month

Entry Age 40 Years

₹200/month

Who is eligible

  • Applicant falls within the eligible age group of 18 to 40 years.

Eligibility rules · v1 · effective 15 February 2019

Who is not eligible

  • PM-SYM enrollment is restricted to unorganized sector workers aged between 18 and 40.
  • PM-SYM enrollment is restricted to unorganized sector workers aged between 18 and 40.

How to apply

  1. Visit CSC / Self-Enroll

    Visit the nearest Common Services Centre (CSC) or register on the self-enrollment portal.

    Typical duration · 1 day

  2. Link Bank Account and Auto-Debit Consent

    Provide bank details and authorize auto-debit of the age-specific monthly premium.

    Typical duration · 1 day

  3. Shram Yogi Card Issuance

    Receive the Shram Yogi Card with a unique Pension Account Number.

    Typical duration · 1 day

Sources

Additional Details

Pradhan Mantri Shram Yogi Maandhan (PM-SYM) is a voluntary and contributory pension scheme launched by the Ministry of Labour and Employment, Government of India, for unorganized sector workers aged between 18 and 40 years. Eligible workers must have a monthly income of ₹15,000 or less. Under the scheme, subscribers receive a minimum assured monthly pension of ₹3,000 after reaching 60 years of age. The scheme features a 50:50 matching contribution by the Central Government, and offers family pension benefits of 50% to the spouse upon the subscriber's death.

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