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What is the News?
Ministry of Labour and Employment has launched the “Donate a Pension” Scheme.
What is a Donate a Pension Scheme?
It has been launched under the Pradhan Mantri Shram Yogi Maan-Dhan Scheme(PM-SYM).
Under this scheme, any citizen can donate the premium contribution under PM-SYM of their immediate support staff such as domestic workers, drivers, helpers, care givers, nurses in their household or establishment.
The donor can pay the contribution for a minimum of one year, with the amount ranging from ₹660 to ₹2,400 a year depending on the age of the beneficiary.
The premium can be paid through maandhan.in or visiting a Common Service Centre.
Source: This post is based on the article “Labour Ministry launches ‘donate a pension’ scheme” published in The Hindu on 8th Mar 2022.
