Although millions of people are taking advantage of the government’s many welfare schemes at the moment, today we will talk about 5 social security welfare schemes that many people do not know much about. Let us know about the eligibility and benefits of Pradhan Mantri Shram Yogi Mandhan Pension Yojana, National Pension Yojana for shopkeepers, traders and self-employed persons (NPS-traders), Pradhan Mantri Jeevan Jyoti Vima Yojana etc.
Pradhan Mantri Shram Yogi Mandhan Pension Scheme (PM-SYM)
Depending on the age of entry of the beneficiary, the monthly contribution is Rs. 55 to Rs.200. Under this scheme, 50% monthly contribution is payable by the beneficiary and equal contribution is made by the Central Government.
Eligibility
- Must be an Indian citizen
- Unorganized workers (ferrymen, agricultural workers, construction site workers, leather workers, handicrafts, lunch workers, rickshaw or auto wheelers, carpenters, fishermen, etc.)
Age group 18-40 years
Must have a monthly income of less than Rs. 15,000 / – and is not a member of EPFO / ESIC / NPS (government funded) scheme.
Benefits:
After attaining the age of 60 years, the beneficiaries will be eligible for a monthly pension of Rs. 3,000 / -.
Upon death of the beneficiary, the wife is eligible for 50% monthly pension.
If both husband and wife join the scheme, they will be eligible for a joint monthly pension of Rs.6000 / -.
National Pension Scheme for Shopkeepers, Merchants and Self-Employed Persons (NPS-Merchants)
The monthly contribution ranges from Rs.55 to Rs.200 depending on the entry age of the beneficiary. Under this scheme, 50% of the monthly contribution is payable by the beneficiary and the matching contribution is paid by the Central Government.
Eligibility:
Must be an Indian citizen
Shopkeepers or owners of small shops, restaurants, hotels or real estate brokers etc.
Age 18-40 years
Not involved in EPFO / ESIC / PM-SYM
Annual turnover is Rs. Should not exceed 1.5 crores.
Benefits:
Under the scheme, after attaining the age of 60 years, the beneficiaries are eligible to get a minimum guaranteed monthly pension of Rs.3000 / -.
Pradhan Mantri Jeevan Jyoti Vima Yojana (PMJJBY)
Eligibility:
Must be an Indian citizen.
18 to 50 years of age.
Have a Jan Dhan or Savings Bank account with Aadhaar.
Consent for auto-debit from bank account.
Premium.3 Rs.330 / – per annum
Benefits:
2 lakh in case of death due to any reason
Note: This scheme is available from banks through the Financial Services Department.
Pradhan Mantri Suraksha Vima Yojana (PMSBY)
Eligibility:
Must be an Indian citizen.
18 to 70 years of age.
Have a Jan Dhan or Savings Bank account with Aadhaar.
Consent for auto-debit from bank account
Premium Rs. 12 / – per annum
Benefits:
2 lakh in case of accidental death and permanent disability and Rs. 1 lakh in case of partial disability.
Note: This scheme is available from banks through the Financial Services Department.
Atal Pension Scheme
Hello readers, today we present detailed information about the Atal Pension Scheme implemented by the Government of India. Atal Pension Yojana was implemented in the 2015-16 budget to provide protection to the poor, underprivileged and unorganized sector workers in the country. This scheme was earlier known as Swavalamban Yojana.
The Government of India runs many schemes under Jan-Dhan to Jansuraksha, including Pradhan Mantri Jeevan Jyoti Vima Yojana (330), Pradhan Mantri Suraksha Vima Yojana (12) etc. for the protection of the citizens of the country. The Atal Pension Scheme has been launched by the Central Government from June 1, 2015. To avail this scheme, premium has to be deposited in the bank / post account every month. For which the age of the beneficiary should be between 18 to 40 years. After paying regular premium, at the age of 60, you will start getting pension from 1000 to 5000.
Eligibility
Must be an Indian citizen
Age should be between 18-40 years
The bank account should be linked to the base
Benefits
The subscriber can get a pension of Rs. 1,000-5,000 at his choice or he can also get the accumulated amount of pension after his death.
If the spouse also dies, the accumulated amount will be given to the spouse or nominee.
Note: This scheme is available through Banks through Financial Services Department.