PM Shram Yogi Maan Dhan Yojana Flashcards
When was this announced ?
Interim Budget of 2019
Feature of the scheme ?
Assured monthly pension of 3000rs / month for workers of unorganised sector after 60yrs
Eligibility ?
An unorganised workers salary per month should be less than 15000 and belong to the age grp of 18-40yrs while registering for the scheme
How does it function ?
1) Workers have to contribute 55 - 100rs per month
2) Govt will also keep on adding the same share of amount in the account
Death conditions ?
Death after 60yrs — Spouse will receive 50% of the pension received by the beneficiary as FAMILY PENSION
Death before 60yrs—- Decision on the spouse to continue or withdraw the scheme
Ministry ?
Ministry of Labour and Employment