The year 2026, the Pradhan Mantri Shram Yogi Mandhan Yojana (PM-SYM) remains one of the country’s top social security pension plans for informal sector workers providing the minimum guaranteed monthly income of Rs 3000 when you reach 60 for those who are eligible to contribute. The voluntary, contributory pension scheme has been specifically made for workers as well as daily wage workers, domestic aids, auto-rickshaw drivers, construction workers, as well as other people in the informal economy whose income is at or below Rs 15,000.
Under the scheme, both the beneficiaries and Government of India contribute equally each month until the beneficiary turns 60. Once it has reached the age of 60, the pension is directly credited to an account for the retiree.
What is the PM Shram Yogi Mandhan Yojana 2026?
PM Shram Yogi Mandhan Yojana (PM-SYM) is a non-voting contributing pension scheme, which was established through the Government of India to provide retirement and social security for workers working in the informal sector like labourers, street vendors building workers, household helpers and others. The scheme guarantees the minimum monthly income of 3000 rupees after the 60th birthday when that the beneficiary pays regular contributions starting at the time of enrollment.
The scheme is managed through the Ministry of Labour and Employment and is supported by technical support provided by Common Service Centres (CSCs) and online registration via maandhan.in. maandhan.in website.
PM Shram Yogi Mandhan Yojana 2026 Overview
| Feature | Details |
| Scheme Name | Pradhan Mantri Shram Yogi Mandhan Yojana (PM-SYM) |
| Target Group | Unorganised sector workers who have monthly earnings of less than Rs15,000 |
| Entrance Age | Between 18 and 40 years old |
| Pension Amount | Minimum of Rs3,000 per calendar month after the age of 60. |
| Government Contribution | 50% match contribution to beneficiary |
| Contribution Term | All the way to 60 |
| Family Pension | 50% of the pension will go to spouse upon the spouse’s death |
| Registration Portals | maandhan.in; Common Service Centres (CSCs) |
| Documents Required | Aadhaar and bank/Jan Dhan account and mobile number |
| Method of Registration | Offline and online |
| Official Website | https://www.myscheme.gov.in/ |
What is the reason this Pension Scheme is Important in 2026
Millions of workers in the unorganised sector in India do not have formal retirement benefits like employers’ pensions or provident funds. PM-SYM helps fill this void by guaranteeing a retirement income that provides peace of mind and financial stability for those in later years. Due to the unpredictable, irregular nature of earnings from informal jobs A pension of up to three thousand rupees per month can provide financial security for the family members and workers when they reach retirement age.
The Key Features and Advantages of the PM Shram Yogi Mandhan Yojana
Minimum Assured Pension of Rs.3,000
Contributors who regularly contribute until they reach the age of 60 will be paid each month Rs3,000 as a pension once they reach the age of 60.
Government Matches Your Contribution
It is the Central Government contributes an amount that is equal to the subscriber’s monthly contribution for the entire contribution period – an equal 50/50 match model.
Family Pension
If the contributor dies within a year of joining the scheme the family pension of 50 percent of pension is paid to the spouse upon the contributor’s contribution is completed.
Flexible Exit Provisions
- Exiting prior to 10 years’ contribution: your funds are return by interest from savings banks.
- After 10 years of retirement, but before the age of 60: you get contributions as well as the greater rate of interest or the savings bank rate.
- If death or permanent disability occur prior to the age of 60, the plan is in effect as per the rules or the funds are refunded with interest.
Inclusive Coverage
The program aims to protect millions of unemployed workers and help reduce the burden of old age and dependence.
The eligibility criteria for The PM Shram Yogi Mandhan Yojana 2026
To be enrolled in the scheme, an employee must meet the following criteria:
- Unorganised Sector Worker It is required to be working in non-organised work (not included in EPFO, ESIC, NPS and so on).
- Age: Between 18 to 40 at the date of registration.
- Monthly Earnings: Up to Rs15,000 or less.
- is not a Taxpayer: Individuals who pay regular income tax is usually not qualified.
- Documents Aadhaar Card, active savings account or Jan Dhan bank account that has an IFSC and an active cellphone number that is linked to Aadhaar.
Contribution Information What You Pay
The amount you pay each month is contingent on the age at the time you join. Younger people pay less and the amount rises slowly as you get older. Both the subscriber as well as government of India contribute the same amount. Government of India contribute the same amount every month until you reach 60.
Here’s how it works in general:
- Age 18: Rs55/month
- Age 25: Rs80/month
- Age 30: Rs105/month
- Alternately, if you are 40 years old: ~Rs200/month (Exact contributions may vary somewhat based on age of entry the model illustrated aligns with the government’s contributions.)
The payment is generally debited automatically from the linked bank account, after your permission.
Application Procedure Step-by -Step (2026)
There are two primary methods to apply to the scheme:
A. Online Registration
- Go to the official portal: Go to maandhan.in — the official PM Shram Yogi Mandhan portal.
- Beginning Enrollment Hit “Apply Now or Self-Enrollment.”
- Enter Aadhaar Information: Provide your Aadhaar number and confirm it with an OTP that is sent to your mobile.
- Fill in the form: Enter your personal information as well as bank or Jan Dhan account details (account #, IFSC) as well as nominee information.
- Select contribution: The system will calculate your monthly contribution based upon your age.
- Consent to Auto Debit: You can authorize pension contributions via automatic debit through your account at a bank.
- Submit and Receive SPAN: Once registered, you will be issued a SHRAM Yogi Pension Account (SPAN) and a plan card.
B. Offline registration (at CSCs)
- Visit your nearest Common Service Centre (CSC).
- Provide Aadhaar and bank account information Mobile number, nominee information.
- Initial biometric verification and contribution payment (if necessary).
- The CSC operator inputs your personal information in the portal, generates your SPAN and issues your plan card.
When and How Soon You Get Your Pension
After you attain 60 years old and have paid your contributions regularly and have made regular contributions, you will receive a month-long pension amount of three thousand rupees starts. The pension is usually transferred to your bank account through the payment systems of the government.
If the contributor dies death following the start of pension the spouse will continue to be paid 50 percent from the retirement.
Exit & Withdrawal provisions
The scheme offers flexibility in exit options to meet the requirements of the workers:
- Prior to 10-Years: When you decide to leave within 10 years after joining, you will receive your contribution in savings interest from banks.
- After 10 Years, but before the age of 60 There are contributions, plus the greater of fund returns or bank savings interest.
- Permanent Disabilities: The same benefits could be available or the spouse who is surviving is able to continue contributing.
The PM Shram Yogi Mandhan Yojana 2026 provides a viable path to financial protection in old years to millions of non-organised workers who are not able to access formal pensions. With an income of up to 3000 rupees each month, government matching contributions and a variety of exit options, this plan allows workers to make a plan for their retirement with a sense of security. If you decide to apply online through the official portal, or visit an area CSC, early registration can help reduce monthly contributions and helps build a safe future.
FAQ’s
1. The monthly amount of pension in the PM Shram Yogi Mandhan Yojana?
Under PM-SYM subscribers get a minimum guaranteed monthly pension of Rs3000 at the time they turn 60, if regular payments are paid.
2. Who is eligible to participate in these pension plans?
To be eligible, you must be a non-organised sector worker between between 18 and 40 years old with a monthly salary as high as 15,000 rupees as well as that you are not covered under EPFO, ESIC, or NPS.
3. How do I apply for the PM Shram Yogi Mandhanyana on the internet?
Visit the official site maandhan.in, verify your Aadhaar number and mobile complete the bank details, then authorize an auto-debit for contributions and then sign-up. A Shram Yogi Pension Account Number (SPAN) will be created after successful enrollment.
