Lok Sabha Question No. 12 (UNSTARRED), answered on 2025-02-03
Subject: Status of PM-SYM Yojana
Ministry: LABOUR AND EMPLOYMENT
Asked by: Shri Navaskani K, Shri Selvam G, Shri C N Annadurai

## GOVERNMENT OF INDIA MINISTRY OF LABOUR AND EMPLOYMENT

## LOK SABHA

## UNSTARRED QUESTION NO. 12

## TO BE ANSWERED ON 03.02.2025

## STATUS OF PM-SYM YOJANA

12. SHRI C N ANNADURAI:

SHRI SELVAM G: SHRI NAVASKANI K:

Will  the  Minister  of  LABOUR  AND  EMPLOYMENT  be  pleased  to state:

- (a)the  details  of  the  original  enrollment  targets  set  for  the  Pradhan Mantri  Shram  Yogi  Maandhan  (PM-SYM)  Yojana  and  the  details  of strategies to achieve these targets;
- (b)the  steps  are  being  taken  by  the  Government  to  ensure  wider participation of eligible workers in the unorganized sector;
- (c)whether the Government has partnered with local bodies, NGOs or community organizations to improve outreach for the Yojana and if so, the details thereof;
- (d)the  details  of  the  monthly  or  annual  contribution  amount  required from beneficiaries under the PM-SYM Yojana for different age groups;
- (e)the details of the total amount disbursed as pension benefits under
- the PM-SYM Yojana so far;
- (f)the  manner  in  which  the  Government  addressing  the  issue  of  low enrollment & irregular contributions among informal sector workers;
- (g)the details of the percentage of women beneficiaries under the PMSYM Yojana; and
- (h)whether  there  are  any  specific  measures  to  encourage  women workers and socially marginalized groups to enroll in the Yojana and if so, the details thereof?

## ANSWER

## MINISTER OF STATE FOR LABOUR AND EMPLOYMENT (SUSHRI SHOBHA KARANDLAJE)

(a) to (h): The Pradhan Mantri Shram  Yogi Maan-dhan (PM-SYM) scheme was  launched in  February,  2019  in  order  to  provide  old  age protection to the workers of unorganised sector. This is a voluntary and contributory pension scheme. Under the  scheme,  a  monthly  minimum

assured pension of Rs. 3000/- is provided to the unorganised workers after attaining the age of 60 years. The workers in the age group of 1840 years whose monthly income is Rs. 15000/- or less and not a member of  EPFO/ESIC/NPS  (Govt.  funded)  and  not  an  income  tax  payer  are eligible to join the scheme. The monthly contribution  by the beneficiary ranges from Rs. 55/- to Rs. 200/- depending upon the entry age of the beneficiary. Under the scheme,  equal matching  contribution is paid by the  Central Government. Enrolment to the Scheme is done through the Common  Service  Centres,  with  its  network  of  about  4  lakh  Centres across the country. In addition, eligible unorganised workers can also self-enroll through visiting the portal www.maandhan.in.

As the pension to the beneficiaries will start after attaining the age of 60 years, the disbursement of pension will start from 2039.

The enrollment of women beneficiaries under the PM-SYM

Yojana is about 53 percent.

In  order  to  address  the  issue  of  enrolment  and  irregular contributions,  the  Government inter-alia  has  allowed  extension  of revival of dormant accounts from 1 year to 3 years, launched   Donate-aPension Module to encourage the employer to pay the premium of their staff under PM-SYM pension scheme and increase the enrolment.

The Government has taken following steps to register more unorganized workers in the PM-SYM scheme:-

- (i) holding periodic review meeting with States/ UTs.
- (ii) regular meeting with state Common Services Centre (CSC) heads.
- (iii) launch of new features such as Voluntary Exit, Revival Module, Claim Status and Account Statement.
- (iv)Two-way integration of PM-SYM and eShram.
- (v)  SMS campaign to create awareness.
- (vi)  communication  with  Chief  Secretaries  of  States/UTs  regarding enrolment under PM-SYM scheme.
- (vii)  Interaction  with  Department  of  Financial  Services,  Pension  Fund Regulatory  and  Development  Authority,  National  Institute  of  Public Finance and Policy to increase the outreach of the pension scheme.

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