Social Insurance Fund revenue in Mongolia increased significantly in the first nine months of 2025. The growth reflects rising contributions and expanding social coverage.
According to the General Authority for Social Insurance of Mongolia, the Social Insurance Fund collected MNT 4.85 trillion during this period. This represents a 15.9 percent increase, or MNT 666.4 billion, compared to the same period in 2024.
The National Statistics Office reported that most of the growth came from the Pension Insurance Fund, which rose 14.2 percent, adding MNT 515.7 billion. Meanwhile, the Benefits Insurance Fund revenue increased 24.4 percent, or MNT 66.9 billion.
During the same period, Social Insurance Fund expenditures totaled MNT 4.38 trillion, up 16.5 percent year-on-year. Pension Insurance Fund spending rose 15.7 percent, or MNT 540 billion, while Benefits Insurance Fund outlays increased 20.8 percent, totaling MNT 37.8 billion.
The Pension Insurance Fund paid MNT 4.02 trillion in pensions to 520,400 people. This reflects a 2.5 percent increase in pensioners, or 12,600 additional recipients. Total pension payments also grew 15.6 percent, adding MNT 541.5 billion.
The Benefits Insurance Fund provided MNT 359.9 billion in benefits to 145,900 people. The number of recipients rose 7 percent, or 9,600 individuals, while total benefit payments grew 26.8 percent, adding MNT 76.1 billion.
Social welfare payments reached MNT 1.83 trillion for 2.4 million beneficiaries. Compared with 2024, the number of recipients fell 4 percent, or 101,400 people. However, total welfare payments increased 5.9 percent, or MNT 101.1 billion.
Experts said the Social Insurance Fund’s growth indicates strong fiscal management and a steady expansion of social safety nets. They noted that rising contributions and increased payouts demonstrate the government’s commitment to supporting retirees and vulnerable populations.
Looking forward, officials plan to monitor fund sustainability while improving benefits delivery. Continued economic growth and employment expansion are expected to strengthen the Social Insurance Fund further.
Overall, the Social Insurance Fund’s performance in the first nine months of 2025 underscores Mongolia’s efforts to enhance social protection and ensure long-term financial stability.
