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Please can someone help me out.

I have PR and I applied for settled status today but I want to findout, after my Settled status is approved do I need to send my PR card back to Homeoffice. I'm I going to be issued with new card? I wanted to apply for Schengen Visa with my PR and I don't know if it's still valid because I have applied for EU settled status.

Thanks

You will not be issued a new card for Settled Status - your status will be available online.
There is no mention of returning the PR card - I would keep it safely - you never know when you might need it again, as evidence.

Thank you soo much