Question
Under the Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM),
Each subscriber shall receive minimum assured pension of Rs 3000/- per month after attaining the age of _______.Solution
PM-SYM is a Central Sector Scheme administered by the Ministry of Labour and Employment and implemented through Life Insurance Corporation of India and Community Service Centers (CSCs). LIC will be the Pension Fund Manager and responsible for Pension pay out. This scheme seeks to benefit around 42 crore workers from the unorganized sector of the country. Each subscriber shall receive minimum assured pension of Rs 3000/- per month after attaining the age of 60 years.
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