Donate-a-Pension under PM-SYM: Benefits, eligibility criteria and step-by-step guide to contribute

Donate-a-Pension is an initiative under Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) Yojana that allows people to donate the premium contribution of their immediate support staff. These people may include your domestic workers, drivers, helpers, caregivers, etc. The scheme holds significance as workers in the unorganized sector constitute about 93 per cent of the total work force in the country. The scheme will help the employer to secure the future of the ones who ensure one’s daily functioning.

Highlights of Donate-a-Pension Scheme

- The minimum donation that can be made is Rs 660 and the maximum is up to Rs 2,400 depending on the age of the beneficiary.

- Those who want to donate will have to donate the minimum contribution of one year.

Benefits for subscribers

- Each subscriber will be entitled to get a pension of minimum Rs 3,000 per month once he or she attains the age of 60 years.

- If the subscriber dies during the receipt of the pension, the spouse will be entitled to receive 50% of the pension received by the beneficiary.

- If a subscriber dies before attaining the age of 60 years, the spouse can join and continue the scheme subsequently by payment of regular contribution. He or she is allowed to exit the scheme as per provisions of exit and withdrawal.

Eligibility Criteria 

- The applicant should be an unorganised worker and must be earning less than Rs 15,000 monthly.

- The age of the applicant should be between 18 to 40 years. 

- He or she should not be an income taxpayer.

- The applicant must not be covered under the New Pension Scheme (NPS), Employees State Insurance Corporation (ESIC) scheme for Employees Provident Fund Organisation.

Step-by-step guide to contribute to 'Donate-a-Pension' scheme:

- Visit the official website of Maandhan Pension i.e. maandhan.in. 

- Click on the 'Donate-a-Pension' option on the top right-hand side.

- Now you will have two options - Self Login and SCS VLE. Below we have explained both process.

Self Login process:

- Click on self-login option.

- Provide your 10-digit mobile number.

- Click on the proceed option.

- Fill out the form by providing all details.

- Select the amount to donate.

- Click submit to donate the amount.

Through CSC VLE:

- Click on CSC VLE option.

- Login using username and password.

- Fill out the form by providing all details.

- Select the amount and make the payment.

- Click on the submit option.