10 Years of Three Jan Suraksha Schemes

Context (PIB): The three flagship Jan Suraksha schemes, PMJJBY, PMSBY and APY, completed 10 years of providing affordable social security.

Schemes Overview

Launched on 9 May 2015 by the PM under the vision of “Securing the Unsecured.”
All 3 schemes are Central Sector Schemes funded & implemented directly by the central government.
Delivers low-cost insurance and pension cover to vulnerable, unorganised and low-income groups.
Major thrust on financial inclusion, digitisation and outreach through banks and post offices.
Collectively promoted to expand India’s social security net for the unorganised sector.
Nodal Ministry for PMJJBY, PMSBY & APY: Ministry of Finance, Department of Financial Services.

Jan Suraksha Portal enabled online enrollment and digital claims processing, removing dependency on physical bank visits.
Auto-debit mechanism for seamless premium and contribution payments.
Role of banks, insurance companies, post offices & field functionaries was pivotal in last-mile delivery.

Type: Central Sector Scheme administrated by LIC or any other approved life insurer.
Objective: Life insurance for death due to any cause.
Eligibility: 18-50 years, savings account holder with consent for auto-debit.
Coverage: ₹2 lakh life insurance cover.
Premium: ₹436 per annum (less than ₹2/day); deducted via auto-debit.
Enrollment Period: Annually renewable; enrollment by 31st May every year.
Key Achievements (as of 23 April 2025): Total enrollments reached 23.63 cr. with 9,19,896 claims settled, ₹18,397.92 cr. disbursed, 10.66 cr. women beneficiaries, and 7.08 cr. linked to PMJDY accounts.

Type: Central Sector Scheme.
Objective: Accidental death and disability insurance.
Eligibility: 18-70 years, savings account holder with consent for auto-debit.
Coverage: ₹2 lakh for accidental death/total permanent disability; ₹1 lakh for partial permanent disability.
Premium: ₹20 per annum (less than ₹2/month); deducted via auto-debit.
Enrollment Period: Annually renewable; enrolment by 31st May every year.
Key Achievements (as of 23 April 2025): Total enrollments stood at 51.06 cr. with 1,57,155 claims settled, ₹3,121.02 cr. disbursed, 23.87 cr. women beneficiaries, and 17.12 cr. linked to PMJDY accounts.

Type: Central Sector Scheme regulated by Pension Fund Regulatory and Development Authority (PFRDA) under National Pension System (NPS) framework.
Objective: Pension guarantee for workers in the unorganised sector.
Eligibility: 18-40 years; must be a non-income-tax-payer with a savings account.
Contribution: Varies by age and pension choice; auto-debited monthly/quarterly/half-yearly.
Pension Options: ₹1,000 to ₹5,000 per month from age 60.
Post-Retirement Benefits: Spouse receives pension after subscriber’s death; Nominee receives accumulated corpus after both pass away.
Exit Rules: Voluntary exit allowed with certain deductions; Spouse may continue contributions in case of premature death.
Key Achievements (as of 23 April 2025): Total subscribers reached 7.66 crore with women constituting approximately 47% of enrollments.