PMSYM: Pradhan Mantri Shram Yogi Maandhan. The Pradhan Mantri Shram Yogi Maandhan (PMSYM) is a voluntary pension scheme that requires contributions, designed specifically for unorganized workers in India. This scheme guarantees a monthly pension of ₹3,000 upon reaching the age of 60. It is aimed at individuals aged between 18 and 40 who earn a monthly income of ₹15,000 or less, necessitating contributions that range from ₹55 to ₹200, with the government providing matching contributions.
