Friday, June 20, 2025

PM-SYM pension scheme for unorganized workers

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Nearly 46 lakh unorganized workers are registered under the PM-SYM pension scheme

In order to provide old age protection in the form of a monthly pension, Government of India launched Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) pension scheme in the year 2019.

Under this scheme, minimum assured monthly pension of Rs. 3000/- will be provided to the unorganized workers after attaining the age of 60 years.

  • As on 25.11.2021, total 45, 77,295 unorganized workers have been registered under this scheme, whereas in Uttar Pradesh 6, 36,275 workers of unorganized sector have been enrolled under the PM-SYM pension scheme.
  • All the States/UT Governments have been requested to popularize the scheme and mobilize the target groups/eligible workers for enrolment under the PM-SYM scheme. Most of the States/UT Governments have extended the support in implementation of PM-SYM Scheme and taken effective steps to mobilize the unorganized workers.
  • The Central Government has also taken several initiatives to increase the enrolment under PM-SYM Scheme such as periodic review of the progress of the scheme with States/UTs, publicity of the scheme through IEC activities, constitution of State Level Monitoring Committees (SLMC) and District Level Implementation Committees (DLIC) to ensure mobilization of beneficiaries through State Governments.

This information was given by Shri Rameswar Teli, Union Minister of State for Labour and Employment, in a written reply in the Rajya Sabha today.

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