PM-SYM Scheme: Secure Rs. 6,000 Monthly Pension for Unorganized Workers

• The Pradhan Mantri Shram Yogi Maan-dhan Yojana (PM-SYM) is a central government scheme for unorganized workers like street vendors, rickshaw pullers, and domestic workers.
• Beneficiaries receive a guaranteed pension of Rs. 3,000 per month after age 60; if both spouses join, they can receive Rs. 6,000 monthly.
• Eligibility requires applicants to be 18-40 years old, have a monthly income of Rs. 15,000 or less, and not be an income tax payer or covered by EPFO, NPS, or ESIC.
• Contributions vary by age, starting at Rs. 55 per month for 18-year-olds, with the central government matching the subscriber's contribution.
• Applications can be submitted online via maandhan.in, through the e-Shram portal, UMANG app, or at Meeseva centers; an e-Shram card offers priority.

Why It Matters: PM-SYM offers a vital social security net for unorganized workers, ensuring a guaranteed monthly pension.