Which of the following is/are not true regarding the Pradhan Mantri Shram Yogi Maan-Dhan Yojana (PM-SYM) to ensure old age protection for unorganized workers? 1. Each subscriber shall receive minimum assured pension of Rs. 2,000 per month after attaining the age of 55 years. 2. Each subscriber shall receive minimum assured pension of Rs. 3,000 per month after attaining the age of 60 years. 3. During the receipt of pension, if the subscriber dies, the dependent members of the beneficiary shall be entitled to receive 50 percent of the pension received by beneficiary, as family pension. 4. The subscriber's contribution to PM-SYM is through auto-debit facility from his/her saving bank account/Jan Dhan Account and it ranges from Rs. 50 to 500 per month depending upon the entry age of the subscriber. Which of the options given above is/are not correct?

PMSYM

• It is a mega co-contributory pension scheme for unorganised sector workers with a monthly income of up to Rs 15,000.
• It promises to provide an assured pension of Rs 3,000 per month from the age of 60 years, in return for making a monthly contribution of a nominal sum during the working age. Hence, Statement 1 is not correct and Statement 2 is correct.
• The scheme will cover 10 crore workers in the unorganised sector in the first 5 years, making it one of the largest pension schemes in the world.
• The benefits and the design spelt out in PMSYM are much in line with the Atal Pension Yojana (APY).
• The spouse of the beneficiary is entitled to 50% of the pension as a family pension in the event of the beneficiary’s demise. Family pensions are only available to spouses. Hence, Statement 3 is not correct.
• The subscriber's contribution to PM-SYM is through an auto-debit facility from his/her savings bank account/Jan Dhan Account and it ranges from Rs. 55 to 200 per month depending upon the entry age of the subscriber. Hence, Statement 4 is not correct.