Around 100 pensions ‘donated’ in new scheme

Scheme allows employers to pay minimum of one year’s contributions under Pradhan Mantri Shram Yogi Maan-dhan, on behalf of employees or any other eligible worker

The Union Labour and Employment Ministry’s donate-a-pension initiative, launched on March 7, had received contributions from “around 100” individuals or employers on behalf of unorganised workers till March 31, the Ministry said in a reply to the Rajya Sabha on Thursday.

The scheme allows employers to pay a minimum of one year’s contributions under the Pradhan Mantri Shram Yogi Maan-dhan, a pension scheme for unorganised workers, on behalf of employees or any other eligible worker.

Minister of State for Labour and Employment Rameswar Teli said in response to a question by Geeta that the donors could pay a minimum of one year’s contribution, which ranged from ₹660 to ₹2,400, depending on the age of the worker.

“As on March 31, 2022, around 100 people/employers have come forward to donate the premium contribution through Donate-a-Pension module for their staffs to extend them the benefits of PM-SYM pension scheme,” the reply stated.

Labour Minister Bhupender Yadav launched the scheme on March 7 and donated pension contributions for workers employed at his home.