Social insurance in statisticsPolitics
Ulaanbaatar /MONTSAME/ In the first eight months of this year, the revenue of Social Insurance Fund (SIF) amounted to MNT 889.5 billion, increasing 34.5 billion Togrog or 4.0%, while the expenditure of the fund reached MNT 1,020.0 billion, going up by 178.0 billion or 21.1% against the previous year.
In August of 2015, the SIF’s revenue amounted to MNT 122.5 billion, increasing MNT 41.7 billion or 51.6%, while the fund’s expenditure reached 124.3 billion, increasing 6.8 billion or 5.8% against the previous month.
In the first eight months of this year, MNT 98.2 billion was given to 192.6 thousand people as pensions and welfare benefits from the Social Welfare Fund (SWF). A number of people who received pensions and welfare benefits decreased 4.2 thousand people or 2.1%, and an amount of pensions and allowances increased MNT 5.0 billion or 5.4% against the previous year.
In August of 2015, amount of social welfare allowances and pensions reached MNT 12.4 billion, increasing 0.4 billion or 3.5% against the previous month, the social welfare benefits and concessions amounted to MNT 4.4 billion, increasing 0.3 billion or 7.1% against the previous month.
In these first eight months, 163.4 billion Togrog was granted from the Human Development Fund (HDF) to 1,017.7 thousand children aged below 18 as a cash benefit.