Ulaanbaatar
Social Insurance Fund revenue increases
EconomyUlaanbaatar /MONTSAME/ In the first seven months of 2015, the revenue of Social Insurance Fund amounted to MNT 766.9 billion, reflecting increase of 15.8 billion Togrog or 2.1 percent and the expenditure of the fund reached MNT 895.7 billion. It has shown an increase of 161.4 billion Togrog or 22.0 percent compared to the same period of 2014.
The revenue of Social Insurance Fund amounted to MNT 117.5 billion, decreasing by 66.2 billion Togrog or 45.0 percent and the expenditure of the fund reached MNT 80.9 billion, showing a decrease of 29.2 billion Togrog or 19.9 percent against the previous month.
Total of MNT 85.8 billion granted to 192.6 thousand people for pensions, and welfare benefits from the Social Welfare Fund. The number of people who received pensions and welfare benefits increased by 1.5 thousand or 0.8 percent, and the amount of pensions and allowances increased by 5.4 billion Togrog or 6.7 percent compared to the same period of the previous year.
In July 2015, expenditures of social welfare allowances and pensions amounted to MNT 12.0 billion, showing a decrease of 1.6 billion Togrog or 12.1 percent over the previous month.
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