Labour Ministry launches ‘donate a pension’ scheme

admin March 8, 2022
Updated 2022/03/10 at 3:29 PM

The Union Labour and Employment Ministry on Monday launched the “donate a pension” scheme, which allows any citizen to pay the Pradhan Mantri Shram Yogi Maan-Dhan Scheme premium on behalf of an unorganised worker.

The pension system, which began in 2019, enables unorganised sector employees aged 18 to 40 who earn up to Rs. 15,000 per month to participate by paying a premium of Rs. 55 to Rs. 200, depending on their age, which is matched by the government.

Beneficiaries would get an Rs. 3,000 monthly pension when they reach the age of 60. According to the Labour Ministry’s homepage, the scheme has 46.34 lakh enrollments as of March 3.

Labour Minister Bhupender Yadav, who announced the scheme, claimed he had paid the premium of the gardener who worked at his house.

The “Donate a Pension” scheme allows citizens to “donate the premium contribution of their direct support employees in their home or workplace, such as domestic workers, drivers, helpers, caregivers, nurses,” according to the Ministry.

The donor may make a one-year donation, with the amount ranging from Rs. 660 to Rs. 2,400 each year, depending on the beneficiary’s age.

The premium may be paid online at or in person at any common service centre anywhere in the country.

Source: The Hindu

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