To provide social security to unorganised workers working in the informal sector, who contribute around 50% of the nation’s Gross Domestic Product (GDP), the Central Government of India has introduced a voluntary and contributory pension scheme known as “PM Shram Yogi Maandhan Yojana 2025“ for workers who are mostly engaged as home-based workers.
Under this, the government targets street vendors, midday meal workers, head loaders, brick kiln workers, cobblers, ragpickers, domestic workers, washermen, rickshaw pullers, landless labourers, agriculture workers, construction workers, beedi workers, handloom workers, leather workers, audiovisual workers, or workers working in similar other occupations.
In this scheme, the government provides monthly pension support after the age of 60 years to selected workers who belong to the unorganised sectors and have a monthly income of up to Rs 15000. If you are a worker working in the informal sector and wish to avail this pension support by applying for it online, you need to stay connected with this article till the end to know all about this pension scheme, including eligibility, pension amount, documents and more details regarding the same.
What is Pradhan Mantri Shram Yogi Maandhan Yojana (PM-SYM) 2025?
The “PM Shram Yogi Maandhan Yojana” is a voluntary and contributory step taken by the Ministry of Labour and Employment, Government of India, in the form of a pension for the workers engaged in the informal sector, providing monthly financial security in the form of pension support after retirement. This scheme was first introduced in 2015 in collaboration with Life Insurance Corporation of India LIC and Common Service Centres (CSC) e-Governance Services India Limited (CSC SPV) for seamless implementation.
By introducing this pension scheme, the government aims to broaden social security initiatives and align with the vision of Universal pension coverage for workers in the unorganised sectors. Under this pension scheme, the government targets workers in the age group between 18 and 40 years engaged in the informal sector.
There is a special case in this mention scheme. If any unorganised worker subscribes to the scheme and has paid regular contributions up to the age of 60 years, he will get a minimum monthly pension of Rs 3000. After their death, his spouse will receive a monthly family pension, which is 50% of the pension. Under this scheme, the mode of contribution is done monthly by auto debit; however, it will also have provisions for quarterly, half-yearly, and yearly contributions. The first contribution is to be paid in cash at the CSC centre.
Helpful Summary of PM Shram Yogi Maandhan Scheme 2025
| Name of the Pension Scheme | PM Shram Yogi Maandhan Scheme 2025. |
| First Launched On | 15 February 2015. |
| Introduced by | Honourable Prime Minister Shri Narendra Modi. |
| Nodal Department | Ministry of Labour and Employment. |
| Governing body | Central Government of India. |
| Year | 2025-26. |
| Objective | To broaden social security initiatives and align with the vision of Universal pension coverage for workers in the unorganised sectors. |
| Age Criteria | 18-60 years. |
| Financial Benefits | Rs. 3,000/- |
| Income Limit | Less than Rs. 15,000/- |
| Aim | To ensure financial security for India’s Unorganised Workforce. |
| Target Workers | street vendors, midday meal workers, head loaders, brick kiln workers, cobblers, ragpickers, domestic workers, washermen, rickshaw pullers, landless labourers, agriculture workers, construction workers, beedi workers, handloom workers, leather workers, audiovisual workers, or workers working in similar other occupations. |
| Nomination Facility | Available. |
| Government Contribution | 1:1. |
| Contribution Mode | Contribution is made monthly by Auto-Debit. |
| Fund Management | Life Insurance Corporation (L.I.C.) |
| Contribution Start Age | 18 Years. |
| Family Pension | 50% |
| Pension Age | 60 Years |
| Enrollment Agencies | Life Insurance Corporation of India LIC and Common Service Centres (CSC) e-Governance Services India Limited (CSC SPV) for seamless implementation. |
| Payment Method | Through Saving Bank Accounts. |
| Beneficiaries | Unorganised Workers of India. |
| Scheme Type | Pension Scheme. |
| Mode | Online. |
| Official Website | maandhan.in or labour.gov.in |
Objective of SPM Shram Yogi Maandhan Yojana 2025
The main objective of this scheme is to broaden social security initiatives and align with the vision of Universal pension coverage for workers in the unorganised sectors. Under this pension scheme, the government targets workers in the age group between 18 and 40 years engaged in the informal sector.
Under this, the government targets street vendors, midday meal workers, head loaders, brick kiln workers, cobblers, ragpickers, domestic workers, washermen, rickshaw pullers, landless labourers, agriculture workers, construction workers, beedi workers, handloom workers, leather workers, audiovisual workers, or workers working in similar other occupations.
Eligibility Criteria
To be eligible for this PM Shram Yogi Maandhan Yojana 2025, the applicant needs to clear the following eligibility criteria, which are as follows:-
- Applicant must be a permanent resident of India.
- Applicant must be a worker engaged in the unorganised sector.
- The applicant’s age must be between 18 and 40 years at the time of application.
- Applicants engaged in occupations such as street vendors, rickshaw pullers, construction workers, daily wage labourers, agriculture workers, beedi workers, domestic workers, weavers, artisans, fisherman, leather workers, etc, are eligible to apply.
- The combined family income of the applicant must be less than Rs. 15000 per month from all sources of income.
Ineligibility Criteria
- Applicants who are already covered under the Employees Provident Fund EPF, State Insurance Corporation ESIC or National Pension Scheme NPS are not covered in this scheme.
- An applicant who is an income taxpayer is not eligible.
- Applicants who have received any benefit from any other government pension scheme are not eligible to apply for the same.
- The combined income of the family, more than Rs 15,000 per month from all sources, is ineligible to apply.
Age-Based Contribution Structure Chart
|
Entry Age |
Superannuation Age |
Member’s Monthly Contribution (Rs) |
Central Govt’s Monthly Contribution (Rs) |
Total Monthly Contribution (Rs) |
|
(1) |
(2) |
(3) |
(4) |
(5) = (3) + (4) |
|
18 |
60 |
55 |
55 |
110 |
|
19 |
60 |
58 |
58 |
116 |
|
20 |
60 |
61 |
61 |
122 |
|
21 |
60 |
64 |
64 |
128 |
|
22 |
60 |
68 |
68 |
136 |
|
23 |
60 |
72 |
72 |
144 |
|
24 |
60 |
76 |
76 |
152 |
|
25 |
60 |
80 |
80 |
160 |
|
26 |
60 |
85 |
85 |
170 |
|
27 |
60 |
90 |
90 |
180 |
|
28 |
60 |
95 |
95 |
190 |
|
29 |
60 |
100 |
100 |
200 |
|
30 |
60 |
105 |
105 |
210 |
|
31 |
60 |
110 |
110 |
220 |
|
32 |
60 |
120 |
120 |
240 |
|
33 |
60 |
130 |
130 |
260 |
|
34 |
60 |
140 |
140 |
280 |
|
35 |
60 |
150 |
150 |
300 |
|
36 |
60 |
160 |
160 |
320 |
|
37 |
60 |
170 |
170 |
340 |
|
38 |
60 |
180 |
180 |
360 |
|
39 |
60 |
190 |
190 |
380 |
|
40 |
60 |
200 |
200 |
400 |
Financial Benefits
- Under this scheme, the government provides a minimum assured pension support of Rs 3,000 per month to selected workers after 60 years of age.
List of Professional/Occupations Covered Under PM-SYM
Here is a list of professionals covered under the PM-SYM, as listed below:-
| Occupation | Occupation | Occupation | Occupation | Occupation |
| Agarbatti Makers | Building and Road Maintenance Worker | Distribution of petroleum products | Hotel and restaurant service | Shirt-pant worker |
| Agriculture Workers | Bulb manufacture. | Domestic worker. | Lock making | Sand mining and sawmill work |
| Agriculture Machinery Handling Workers | Bullock slash camel cart operation | Dying worker | Manual operation on specified jobs | Scavenging and security service |
| Anganvadi Worker | Butchery | Electronic and electrical goods repair and electroplating workers | Masala-making worker | Sericulture silk rearing |
| Animal husbandry Worker | Cable TV operation | Embroidery workers and envelope-making workers | Matches manufacturer | Service station worker |
| Automobile Worker | Cane/reed worker | Firework cracker production. | Mid-day meal worker | Shipherding |
| Arrack and Liquor Production & Vending | Carpenter and carpet-weaving worker | Fishery production and fish processing | Minor mineral and mines work | Shoe-shining work |
| Asha Workers | Casio processing | Flora work and garland making | Newspaper vending | Shop and establishment service |
| Audio and visual Worker | Catering | Flour means operations | NGO service | Small-scale industries and soap manufacture |
| Bakery worker | Chicken work | Footwear production | Oil extraction | Sports goods manufacturer |
| Band playing worker | Cine services | Forestry operation and foundry | Packing and packaging | Steel vessels and utensils manufacturing |
| Bangle manufacturing, bead making & piercing workers | Cloth printing | Gardening and Park maintenance | Panwala service | Stone crushing and sweeping workers |
| Beautician | Clubs and canteen service | Garment manufacturer | Papad making | Tanning leather boots manufacturer. |
| Bidi Manufacturer | Coaching service | Gem cutting and Ginning | Petrol bunk/pump and allied service | Telephone booth service |
| Bicycle Repair | Courier processing/manufacturer | Glassware manufacturing | Pickle making | Temple leave collection, tendu leaves collection, and the Timber industry. |
| Bindi Making Workers | Confessionary | Hair dressing, Handloom weaving | Plantation. | Tobacco processing and Todi tapping. |
| Blacksmith and Goldsmith Worker | Construction worker | Hawking and vending | Plastic manufacturer. | Toy-making workers |
| Boat/Ferry Occupation | Construction of tents and pedal supply of utensils and decoration for functions | Head load work | Pottery and power loom weaving worker. | Transport services, driving, conducting cleaning, etc |
| Book binding and brush-making worker | Courier service | Health service | Printing press work | Laundry worker |
| Brick kiln worker | Daring and allied activities | Honey gathering | Bread-picking and rice-milling workers | Wayside mechanics and workshop service |
| Breweries distilleries | Data entry operation | Horticulture and floriculture | Rickshaw pulling | Welding and any other similar occupation. |
Documents Required
- Aadhar card
- Resident proof
- Caste certificate
- Income certificate
- Birth certificate
- Saving Bank Account or Jan Dhan Account Details with IFSC
- Passport-Sized Photograph
- Mobile Number
Key Insights
- Monthly Pension Support:- Under this scheme, the government provides a minimum assured pension support of Rs 3,000 per month to selected workers after 60 years of age.
- Condition:- There is a special case in the death event of an unorganised worker who subscribes to the scheme and has paid regular contributions up to the age of 60 years. He will get a minimum monthly pension of Rs 3000 after their death, and his spouse will receive a monthly family pension, which is 50% of the pension.
- Government Contribution:- Under this scheme, the contribution of the Government of India matches the workers’ contribution on a 1:1 basis.
- Contribution Mode:- The mode of contribution is done monthly by auto debit; however, it will also have the option of quarterly, half-yearly and yearly contributions. The first contribution is to be paid in cash at common service centres.
- Nomination Facility:- Under this scheme, a nomination facility is available, and the beneficiary can nominate anyone as a nominee under the scheme.
- Enrollment Agencies:- This scheme was first introduced in 2015 in collaboration with Life Insurance Corporation of India LIC and Common Service Centres (CSC) e-Governance Services India Limited (CSC SPV) for seamless implementation.
- Fund Management:- Life Insurance Corporation LIC will be the pension fund manager and responsible for pension payouts.
- Eligible Workers:- Under this, the government targets street vendors, midday meal workers, head loaders, brick kiln workers, cobblers, ragpickers, domestic workers, washermen, rickshaw pullers, landless labourers, agriculture workers, construction workers, beedi workers, handloom workers, leather workers, audiovisual workers, or workers working in similar other occupations.
Exit & Withdrawal Conditions
- Exit/Leave Before 10 Years:- In this condition, if a worker exits the scheme before 10 years, the contributed amount is refunded at the savings bank account interest rate.
- Exit/ Leave After 10 Years:- If the beneficiary exists after 10 years of service, the subscriber receives his/her share of contributions along with accumulated interest, as actually and by fund or at the savings bank interest rate, whichever is higher.
- Death Before 60 Years:- In this case, the pension is continued to the spouse of the retiree or the contributed amount with the interest as actually earned by the fund at the savings bank interest rate, whichever is higher.
- Death After 60 Years:- Under this condition, pension will be given to the spouse at 50% of the pension as a family pension.
- Condition:- After the death of the subscriber as well as his spouse, the entire corpus will be credited back to the fund.
What is the Difference Between PM-SYM, UPS & NPS
|
PM Shram Yogi Maandhan Yojana |
Unified Pension Scheme |
National Pension Scheme |
|
The PM Shram Yogi Maandhan Yojana (PM-SYM) is a voluntary and contributory step taken by the Ministry of Labour and Employment, Government of India, that provides post-retirement benefits to workers engaged in the informal sector, providing monthly financial security in the form of pension support. |
The Unified Pension Scheme (UPS) is optional. |
The National Pension Scheme (NPS) is mandatory. |
|
Under this scheme, the government provides a minimum assured pension support of Rs 3,000 per month to selected workers after 60 years of age.
Life Insurance Corporation LIC will be the pension fund manager and responsible for pension payouts. |
As per the rules notified by the department, employees who opt for the UPS till September 30 have a one-time option of going back to NPS they can exercise their option up to 1 year before superannuation or 3 months before opting for the Voluntary Retirement Scheme (VRS). Once this choice is made, the employee cannot opt for UPS again. |
Under this scheme, the government offers investment options in equity, corporate bonds, and government securities, which allow subscribers to choose their preferred investment mix. |
|
The applicant must carry certain documents which are needed to apply, including Aadhar Card, Savings or Jandhan bank account details along with IFSC code, bank passbook check leave/book or bank statement as evidence of bank account. |
For the unified pension scheme, the (PRAN) contribution is 10% each for the employee and employer of the basic plus Dearness Allowance (DA). |
Under the National Pension Scheme, the contribution to the pension account is made through the permanent retirement account number Pran is 10% by the employee and 14% by the employer of the basic pay plus Dearness Allowance (DA). |
|
Under this condition, pension will be given to the spouse at 50% of the pension as a family pension.
After the death of the subscriber as well as his spouse, the entire corpus will be credited back to the fund. |
There is an assured payout of 50% of the average basic pay of the last 12 months, subject to completion of 25 years in service under UPS. |
It is based on the accumulated Corpus. NPS does not have an assured amount. |
How to Apply for PM Shram Yogi Maandhan Yojana 2025?
- Visit Nearest CSC Centre:- First of all, the applicants who are interested in applying for the scheme need to visit the nearest Common Service Centre to enroll themselves under the scheme.
- Keep Documents Handy:- The applicant must carry certain documents which are needed to apply, including Aadhar Card, Savings or Jandhan bank account details along with IFSC code, bank passbook check, leave/book or bank statement as evidence of bank account.
- Make Initial Contribution Amount:- After that, the applicant needs to make the first contribution amount in the form of cash to the village-level entrepreneur (VLE).
- Role of VLE:- As the applicant pays the initial contribution amount to the valley, the valley enters the Aadhaar number, the subscriber name, and the dob for verification or authentication.
- Do Registration:- Now, the village-level entrepreneur will do online registration by entering the details, including mobile number, email, spouse details, and bank account details of the subscriber.
- Self-Certification:- After this, the self-certificate for eligibility conditions should be done by the subscriber, stating that all the details are to the best of their knowledge.
- Monthly Payment Calculation:- After declaration, the system will calculate the monthly contribution payable as per the subscriber’s age automatically.
- Pay First Subscription Amount:- Now the applicant must pay the first subscription amount in cash to the village-level entrepreneur VLE
- Sign Printed Enrollment Cum-Auto-Debit Mandate Form:- After payment, the applicant must sign the printed enrollment cum auto debit mandate form.
- Scan & Upload:- After signing, VLE will scan the form and upload it into the system.
- Unique SPAN Activated:- After successful uploading, a unique Shram Yogi pension account number (SPAN) will be generated, and a Shram Yogi card will be printed.
Steps to Search/Locate Your Local Common Service Centre (CSC)
To search for the nearest common service centre in your area, an applicant needs to follow these steps:-
- Visit the official CSC Locator Website: Firstly, all the applicants need to visit the official CSC Locator Website.
- Choose Option:- As the applicant visits the official website, the homepage will appear with four options, including Search by State, Search by VLE’s Address, Search by CSC ID, and Search by PIN.
- Enter Details:- After selecting the applicant, you need to enter the details through which they want to search.
- Click on Search:- after entering all the details, quickly review them and click on the “Search” option to find your local CSC Centre.
By following the steps, applicants can easily locate the nearest common service centre in their area for government services support and assistance.
Important Downloads
Helpline Number
- Dial:- 1800 2676 888, 14434
FAQs
How many years will the beneficiary contribute under the PM Shram Yogi Maandhan Yojana?
- Once a beneficiary joins the scheme at the entry age between 18 and 40 years, he has to contribute till they attain the age of 60 years.
Where do I go for enrollment?
- You may go to the nearest common service centre for enrollment, or you can use the CSC locator to find the nearest common service centre in your area.
Who will be the fund manager under the PM Shram Yogi Maandhan Yojana?
- LIC will be the fund manager and will also be the service provider for pension payout.
Are the funds secure with LIC?
- Absolutely, the funds are 100% secure. The overall responsibility of managing and supervising the funds will be with the National Service Security Board, which is functional under the chairmanship of the Honourable Union Minister of Labour and Employment.
Will there be any administrative costs?
- There will be no administrative cost for the subscriber, as it is purely based on the social security scheme of the Government of India.
Is there an auto debit facility?
- Yes, the monthly subscription shall be automatically debited on the fixed date of every month from his/her linked savings account.