With reference to the Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana, consider the following statements:
- 1.The entry age group for enrolment in the scheme is 21 to 40 years.
- 2.Age specific contribution shall be made by the beneficiary.
- 3.Each subscriber under the scheme shall receive a minimum pension of ₹ 3,000 per month after attaining the age of 60 years.
- 4.Family pension is applicable to the spouse and unmarried daughters.
Which of the statements given above is/are correct?
Answer & explanation
Answer: (b) 2 and 3 only
Statements 2 and 3 are correct: PM-SYM is a contributory pension scheme for unorganised workers that assures ₹ 3,000 a month from age 60. The entry age is 18 to 40 years, not 21 to 40, and family pension goes only to the spouse.
- ✗ 1. Workers aged 18 to 40 years, earning ₹ 15,000 a month or less, can enrol. The lower limit is 18, not 21.
- ✓ 2. It is a voluntary, contributory scheme on a 50:50 basis: the worker pays an age-specific amount and the Central Government matches it.
- ✓ 3. Each subscriber receives a minimum assured pension of ₹ 3,000 per month after turning 60.
- ✗ 4. If the pensioner dies, the spouse receives 50% of the pension as family pension. It is applicable only to the spouse, not to unmarried daughters.
Remember · PM-SYM (2019): unorganised workers aged 18–40, income up to ₹ 15,000; 50:50 contribution; ₹ 3,000 monthly pension from 60; family pension only to spouse (50%).
Sources
- PM-SYM to be implemented from February 15 (PIB, Ministry of Labour and Employment) ↗ “whose monthly income is Rs 15,000/ per month or less and belong to the entry age group of 18-40 years are eligible for the scheme. … Each subscriber under the PM-SYM, shall receive minimum assured pension of Rs 3000/- per month after attaining the age of 60 years. … the spouse of the beneficiary shall be entitled to receive 50% of the pension received by the beneficiary as family pension. Family pension is applicable only to spouse.”
Question and answer: UPSC's official GS Paper I (2024, Series A) — paper ↗ · answer key ↗. Explanation: Minimalist IAS, checked 30 Sept 2026 (how we verify). ·