In this government scheme, you will get a pension of 36 thousand on the investment of Rs 2 per day, know about it

Government Scheme: If you do not want to wander from rate to rate to meet money and other needs in old age, then planning for retirement is very important. There are many investment options available today to avoid financial troubles after retirement. In this, there are many investment options at the private and government level so that you can have enough capital in old age.

One of these schemes is named Pradhan Mantri Shramyogi Maandhan Yojana (PMSMY). In this government scheme, you can easily get a pension of Rs 3,000 per month in old age by investing Rs 1.80 per day. This scheme of the central government is for the people living on the lower rung of income.

they will benefit

This scheme is beneficial for those people who work in the unorganized sector like laborers, drivers, house help, cobblers, tailors, rickshaw drivers etc. According to government figures, in today’s era, about 42 crore people work in the unorganized sector of the country.

they will not benefit

Because this is a government scheme, it is sure to get guaranteed returns on it. Individuals working in the organized sector or Employees’ Provident Fund Organization (EPFO) or National Pension Scheme (NPS) or members of State Employees Insurance Commission (ESIC) or those who pay income tax will not get the benefit of this scheme.

According to the scheme, if a person earns less than Rs 15,000 per month and his age is less than 40 years, then he can be entitled to a pension of Rs 3,000 every month after the age of 60 years. Modi government had launched this scheme in the year 2019. The target of the central government is that in the next 5 years, about 10 crore people should be registered under this scheme.

investment by age

Under the Pradhan Mantri Shramyogi Maandhan Yojana, individuals can invest according to their age. If he is 18 years old, then he will have to invest Rs 55 every month. People of 19 years of age will have to invest Rs 100 every month and people of 40 years of age will have to invest Rs 200 every month. The government has also made an arrangement that if the beneficiary dies before the start of pension service, then his/her spouse will get 50 percent of the pension amount.

documents required for pension

To take advantage of Pradhan Mantri Shramyogi Maandhan Yojana, you will mainly need three documents. These documents require Aadhar card, Savings bank account number with IFSC code or Jan Dhan account and a valid mobile number. To join the scheme, one has to go to the nearest Common Service Center (CSC). You can also locate the Common Service Center by visiting the website of EPFO. Along with this, this work can also be done by visiting Life Insurance Corporation of India, State Insurance Corporation Commission, Labor Office of the Central or State.

read this also

This plan of LIC will earn every month, by paying premium once, you will get Rs 12000 for life, know what is the plan?

Mutual Funds: 15 X 15 X 15 Rule of Mutual Fund, which can make you a millionaire, know how