30,85,205 Persons Enrolled under PM-SYM till July 10, 2019

Speed Post News Network

New Delhi : Government of India in February 2019 launched Pradhan Mantri Shram Yogi Maandhan (PM-SYM), a voluntary and contributory pension Scheme, for the benefit of unorganised workers, as per the eligibility. The scheme assures minimum monthly pension of Rs 3,000 to the beneficiaries after attaining the age of 60 years.

Under the Scheme, the subscriber is required to pay the prescribed monthly contribution amount and the Central Government provides  equal matching contribution. This scheme is implemented through Life Insurance Corporation of India.  Enrolment under the Scheme was started with effect from February 15, 2019.  As on July 10, 2019, the number of people enrolled under PM-SYM are 30,85,205.

This information was given by Santosh Kumar Gangwa,r Union Minister of State (I/C) for Labour and Employment, in written reply to a question in Lok Sabha on July 15, 2019, according to a PIB release.