Prime Minister Narendra Modi Tuesday launched a national pension scheme — Prime Minister Shram Yogi Maandhan Yojana (PM-SYM) — for the workers and labourers of unorganised sector, The scheme was announced in the interim budget in February this year. The launch comes days ahead of the Election Commission of India (EC) announcing the Lok Sabha election dates. Upon announcement of the date, the model code of conduct would be imposed. Here are the features of the scheme aimed at financial security in old age: The scheme will provide an assured monthly pension of Rs 3,000 for workers in the unorganised sector with a monthly income of up to Rs 15,000, from the retirement age (60 years).
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Read MoreSubmission of Pension claims during lock-down in respect of Central Defence Civilian Employees O/o The Principal Controller of Defence Accounts (Pension) Draupadighat, Allahabad – 211014 Tele: 0532-2421877, 2421979, 2421880, 2421110, 2422555 No.G1/C/MISC/Vol-X/Tech O/o the PCDA(P), Allahabad Dated:
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