Prelims 2024 · Economy · Question 50
With reference to the Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana, consider the following statements:
- The entry age group for enrolment in the scheme is 21 to 40 years.
- Age specific contribution shall be made by the beneficiary.
- Each subscriber under the scheme shall receive a minimum pension of Rs. 3000 per month after attaining the age of 60 years.
- Family pension is applicable to the spouse and unmarried daughters.
Which of the statements given above is/are correct?
Answer
2 and 3 only
1. Incorrect. PM-SYM allows enrolment for unorganised workers in the 18 to 40 years age group, not 21 to 40 years.
2. Correct. The scheme requires an age-specific monthly contribution from the beneficiary; the Central Government makes an equal matching contribution.
3. Correct. After attaining 60 years, each eligible subscriber gets a minimum assured pension of Rs. 3000 per month.
4. Incorrect. On the subscriber’s death, the spouse is eligible for family pension equal to 50% of the pension; it does not extend to unmarried daughters.
Therefore, statements 2 and 3 only are correct.