PM Shram Yogi Maan Dhan Yojana Flashcards

1
Q

When was this announced ?

A

Interim Budget of 2019

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2
Q

Feature of the scheme ?

A

Assured monthly pension of 3000rs / month for workers of unorganised sector after 60yrs

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3
Q

Eligibility ?

A

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

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4
Q

How does it function ?

A

1) Workers have to contribute 55 - 100rs per month

2) Govt will also keep on adding the same share of amount in the account

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5
Q

Death conditions ?

A

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

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6
Q

Ministry ?

A

Ministry of Labour and Employment

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