Eligibility

1. For Unorganized Workers (UW)
2. Entry Age between 18 to 40 years
3. Monthly Income up to Rs 15000/-

Features

1. Assured Pension of Rs. 3000/- month
2. Voluntary and Contributory Pension Scheme
3. Matching Contribution by the Government of India

Note

1. Pradhan Mantri Shram Yogi Maan-dhan Yojana
2. National Pension Scheme - Traders & Self-Employed Persons

Default:



Pension Payout:

Grievance Redressal:

Doubts and Clarifications:

1. Minimum assured pension of Rs 3000/- per month after attaining the age of 60 years.
2. If applicant dies before age of 60, the Spouse will be entitled to continue the scheme and shall be entitled to receive 50% of the amount.
3. Once the applicant attains the age of 60, he/ she can claim the pension amount. Every month a fixed pension amount gets deposited in the pension account of the respective individual.
4. If he/ she exits the scheme within a period of less than 10 years, the beneficiary’s share of contribution only will be returned to him with savings bank interest rate.
5. If subscriber exits after a period of 10 years or more but before 60 years of age, the beneficiary’s share of contribution along with accumulated interest as actually earned by fund or at the savings bank interest rate whichever is higher.
6. If a beneficiary has given regular contributions and died due to any cause, his/ her spouse will be entitled to continue the scheme subsequently by payment of regular contribution or exit by receiving the beneficiary’s contribution along with accumulated interest as actually earned by fund or at the savings bank interest rate whichever is higher.
7. If a beneficiary has given regular contributions and become permanently disabled due to any cause before 60 years, and unable to continue under the scheme, his/ her spouse will be entitled to continue the scheme subsequently by payment of regular contribution or exit the scheme by receiving the beneficiary’s contribution with interest as actually earned by fund or at the savings bank interest rate whichever is higher.
8. After the death of subscriber as well as his/her spouse, the entire corpus will be credited back to the fund.


1. For Unorganized Workers (UW)
2. Entry Age between 18 to 40 years
3. Monthly Income up to Rs 15000/-

1. Income Tax Payer
2. Member / Beneficiary for ESIC (Employees' State Insurance Corporation)
3. Member / Beneficiary for EPFO (Employees' Provident Fund Organisation)

1. Aadhaar Card
2. Savings Bank Account / Jan Dhan account number with IFSC
3. Shram UAN Card Number (Optional)