Sunday, January 19, 2025

Union Government Launches ‘Donate-a-Pension’ Initiative

Union Labour and Employment Minister Bhupender Yadav on Monday launched the “Donate-a-Pension” initiative under Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) pension scheme.

Under this initiative Citizens of India can donate the premium contribution of their immediate support staff such as domestic workers, drivers, helpers, care givers, nurses, in their household or establishment.

The donor can pay contribution on behalf of the helper for any length of time. Hence this initiative shall allow the employer to secure the future of the ones who ensure one’s daily functioning.

“Under PM-SYM, Workers working in the unorganised sector in the age group of 18-40 years can register themselves and deposit a minimum of Rs 660 to 2400 every year depending on their age.

After attaining the age of 60 years they will receive the minimum assured pension of Rs 3,000 per month.

The ‘Donate-a-Pension’ programme which was launched today is part of many initiatives by the Labour Ministry to be launched in the ‘Iconic Week’ being celebrated by the Ministry from March 7 to 13.

The Minister himself started the day by donating pension to his domestic workers/helpers and wished that they will have better old age life as there will be old age protection to domestic workers in the form of a monthly assured pension of Rs.3,000 through PM-SYM pension scheme.

These activities include celebrating 25 crore registrations under e-SHRAM, launching of e-SHRAM on UMANG app, the launch of ‘Donate-a-Pension’, Job fair by National Career Service centers, placement drives, and placement-oriented camps with a special focus for SC/STs and differently-abled persons at 65 places across India.

PM-SYM pension scheme is meant for old age protection and social security of Unorganised Workers (UW) who are mostly engaged as rickshaw pullers, street vendors, mid-day meal workers, head loaders, brick kiln workers, cobblers, rag pickers, domestic workers, washer men, home-based workers, own account workers, agricultural workers, construction workers, beedi workers, handloom workers, leather workers, audio – visual workers or in similar other occupations.

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