PM Shram Yogi Maandhan Yojana (PM-SYM) 2026

PM Shram Yogi Maandhan (PM-SYM) is a pension scheme for unorganised workers. It was notified on 15 February 2019 and is run by the Ministry of Labour and Employment. LIC manages the money and pays the pension. Common Services Centres (CSCs) enrol workers.

Unorganised workers are people without a regular job with PF or ESIC. Examples are street vendors, rickshaw pullers, house helpers, construction workers, farm workers, tailors and home-based workers. It is a voluntary scheme: you choose to join.

1. Step 1You pay until 60₹55 to ₹200 a month, by age.
2. Step 2Government addsThe same amount, every month.
3. Step 3Pension from 60₹3,000 a month, for life.
4. Step 4Then your spouse₹1,500 a month, for life.

• Assured pension: ₹3,000 a month from 60, for life, if you pay regularly. The amount has not been changed since the scheme started.
• Government match: the central government pays the same as you. Ramesh pays ₹33,600 and the government adds ₹33,600.
• Family pension: after your death, your husband or wife gets 50% of the pension, ₹1,500 a month. Only the spouse can get it.
• Quick payback: the pension returns everything Ramesh paid in about 12 months.
• No fees: the scheme has no administration charge for the member.

The pension is fixed. It does not rise with prices. At 6% inflation, ₹3,000 in 35 years buys about what ₹390 buys today.

Your monthly amount is fixed by your age on the day you join. It stays the same until 60.

See every age from 18 to 40 in the PM-SYM chart and calculator.

You do not need proof of age or income. You give a self-declaration, and a false declaration can lead to a penalty. No minimum education is needed.

1. Step 1Visit a CSCYour nearest Common Services Centre.
2. Step 2Give Aadhaar and bank detailsSavings or Jan Dhan account with IFSC, and mobile number.
3. Step 3Sign the formsSelf-declaration and auto-debit consent.
4. Step 4Pay the first month in cashYou get a receipt.
5. Step 5Get your Shram Yogi cardWith your PM-SYM account number.
6. Step 6Or self-enrol onlineOn maandhan.in with Aadhaar and mobile OTP.

• The bank auto-debits your savings account every month. Quarterly, half-yearly and yearly payment are also allowed.
• Keep enough balance on the due date.
• If you miss payments, you can regularise the account by paying all the dues with the interest or penalty set by the government. The Ministry of Labour says an inactive account can be revived within 3 years, on the Maandhan portal or at a CSC.
• If you get a job with EPF, ESIC or NPS, and later return to unorganised work, you can continue by paying an extra amount equal to the government's share, or take back your payments with interest.

What you get if you leave depends on how long you have been in the scheme. For Ramesh, who joins at 25:

When you leave early, the government's share is not paid to you, and there is no pension.

1. Step 1Death before 60Your spouse can keep paying and get the pension later, or leave and take your payments with interest.
2. Step 2Permanent disability before 60If you cannot pay any more, your spouse can continue, or you can leave with your payments and interest.
3. Step 3Death after 60Your spouse gets ₹1,500 a month for life.
4. Step 4After bothThe money in the account goes back to the fund.

The spouse becomes the family pension holder on giving the death certificate. You can name one nominee.

• No deductionOn your paymentsPM-SYM is not listed for a tax deduction
• IncomePension from 60Taxable only if total income is above the limit
• Not forIncome-tax payersThey cannot join

• Income-tax payers cannot join PM-SYM, so most members have no income tax to pay.
• The pension counts as income under the Income-tax Act, 2025. With a ₹3,000 pension, tax arises only if your other income is high.

Read the full rules on the Atal Pension Yojana page, or compare payments on the APY calculator.