The Union Labour and Employment Ministry on Monday launched the “donate a pension” scheme allowing any citizen to pay the premium amount on behalf of an unorganised worker under the Pradhan Mantri Shram Yogi Maan-Dhan Scheme.
The pension scheme, which was launched in 2019, allows unorganised sector workers between 18 and 40 years who earn up to ₹15,000 a month to enroll by paying a premium amount between ₹55 and ₹200, depending on the age, that would be matched by the government. On reaching the age of 60, the beneficiaries would get a ₹3,000 monthly pension. As of March 3, the scheme had 46.34 lakh enrollments, according to the Labour Ministry’s portal.
