Pension Week to be celebrated from 30th Nov-6th Dec
The Ministry of Labour and Employment has decided to celebrate Pension Week from 30th November-6th December 2019 to drive enrolments and create awareness about the National Pension Scheme for Traders and Self-Employed Persons (NPS-Traders) and Pradhan Mantri Shram Yogi Maandhan (PM-SYM).
The ministry aims to enroll 50 lakh beneficiaries under NPS-Traders and 1 crore beneficiaries under PM-SYM by March 2020.
Both schemes come with a provision of minimum assured Rs 3000 monthly pension on attaining the age of 60 years.
For enrolment, the beneficiary is required to have a saving bank/Jan-Dhan account passbook and Aadhar card only.
Any person within the age group of 18-40 years can enroll themselves under the scheme.
National Pension Scheme for Traders and Self-Employed Persons(NPS-Traders) was launched by Prime Minister Narendra Modi on 12th September 2019 from Ranchi, it is a pension scheme for shopkeepers/retail traders and self-employed persons with an annual turnover of less than Rs 1.5 crore.
Pradhan Mantri Shram Yogi Mandhan (PM-SYM) was launched in February 2019. It is for the laborers working in the unorganized sector.
Topics: beneficiary • Jan-dhan account • Ministry of Labour and Employment • national pension scheme • pension week • PMSYM • Pradhan Mantri Shram Yogi Maan-dhan • Ranchi • self-employed • unorganized sector