Number of pension and benefit receivers increases
SocietyUlaanbaatar /MONTSAME/ The Social Insurance Fund revenue and expenditure amounted to MNT 1303.4 billion and MNT 1276.7 billion respectively in the first 9 months of 2016. It indicates an increase of MNT 258.9 billion (24.8%) and MNT 123.2 billion (10.7%) compared to the same period of 2015.
A total of MNT 112.5 billion was allocated from the Social Welfare Fund to 250.6 thousand people as pensions and welfare benefits, so far this year. The number of pensioners and welfare receivers increased by 57.9 thous (30.1), while the amount of pensions and allowances increased by MNT 3.3 billion (3.0%) compared to the same period of the previous year.
In the same reporting period, MNT 159.4 billion were granted from the Human Development Fund to 1.0211 million children aged 18 and below as cash benefits.