Monday, October 27, 2025

Social Insurance Fund Reports Growth in Mongolia

Date:

Mongolia’s social insurance fund showed significant growth in revenue and expenditures in the first nine months of 2025. The National Statistics Office reported revenue of MNT 4.85 trillion, up MNT 666.4 billion from the same period in 2024.

Expenditures also increased, reaching MNT 4.38 trillion, a rise of MNT 620 billion year-on-year. The social insurance fund disbursed more funds to support citizens across multiple programs.

Pension insurance payments made up the largest share. The fund paid MNT 4.02 trillion to 520,400 recipients. This included 12,600 additional beneficiaries and MNT 541.5 billion more than last year. Old-age pensioners accounted for 79.6 percent, people with disabilities 12.1 percent, survivors 4 percent, and military pensions 4.3 percent.

The social insurance fund also distributed MNT 359.9 billion in benefits to 145,900 people, marking growth in both recipients and payouts compared to 2024. Maternity and childbirth benefits rose to MNT 164.5 billion, covering 39,700 recipients. This reflects an increase of 1,700 people and MNT 30.3 billion.

Social welfare payments reached 2.4 million citizens, totaling MNT 1.83 trillion. Although the number of recipients fell by 101,400, total support rose by MNT 101.1 billion. Child benefits represented 55.2 percent of the total, allowances for mothers and single parents 8.5 percent, social welfare pensions 6.2 percent, social development services 3.5 percent, pensions 2.5 percent, and other services 24.1 percent.

Experts say the social insurance fund plays a vital role in providing financial security to Mongolians. The rising number of beneficiaries reflects the government’s ongoing efforts to strengthen social safety nets.

Looking ahead, the social insurance fund plans to monitor population trends and adjust payouts to ensure long-term sustainability. Officials emphasize that maintaining growth and targeted assistance will help vulnerable groups while managing fiscal responsibilities.

Overall, the social insurance fund’s performance in the first nine months of 2025 demonstrates both increased government investment in social protection and rising demand for pensions and welfare services.

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