Mongolian expats in Czech Republic to get retirement pension
Society
Ulaanbaatar /MONTSAME/ Currently Mongolian citizens living in the Czech Republic receive short-term insurance, health and employment-related benefits in compliance with relevant Czech laws during their stay in the country. The situation is expected to be improved soon.
The Mongolian side agreed with the Czech Republic on a social security agreement in order to establish a legal basis for pension insurance repatriation of premiums when returning home and setting up pension at the retirement age.
The Mongolian side agreed with the Czech Republic on a social security agreement in order to establish a legal basis for pension insurance repatriation of premiums when returning home and setting up pension at the retirement age.
The draft agreement was discussed and approved at the meeting of Parliamentary Standing Committee on
Security and Foreign Policy on April 5.
According to the Ministry of the Interior of the Czech Republic a total of 7384 Mongolians reside there and 67.5 percent of which are working by the labor contract.
According to the Ministry of the Interior of the Czech Republic a total of 7384 Mongolians reside there and 67.5 percent of which are working by the labor contract.
B.Misheel