Орхон Нийгмийн даатгал

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SOCIAL INSURANCE DEPARTMENT ,
ORKHON AIMAG

Site structure

PENSION INSURANCE SERVICE

ELIGIBILITY FOR RETIREMENT PENSION: 1. 

  1. The insured person, having paid contributions of pension insurance for 20 years shall be eligible FOR a retirement pension on attainment OF 65 years old 
  2. The insured person, having paid contributions OF pension insurance FOR 25 years or more shall be eligible FOR a retirement pension on attainment OF  60 years old (women 55 years old).

RATE OF RETIREMENT PENSION: 

The retirement pension shall be 45 percent OF the monthly average insurable wages OF an insured per- son. The retirement pension shall be increased by

1.5 percent OF pensionable wages FOR each year and

0.125 percent FOR each month additional to 20 years OF pension insurance.

CALCULATION OF THE RETIREMENT PENSION IN PROPORTION: 

Men OF 60, women OF 55 shall be entitled to a re- duced retirement pension in proportion to the total insurance period, provided they have paid contribu- tions OF pension insurance FOR a number OF years ranging from 10 to 20.

Note:

As OF 01 January 2018, the retirement age shall be increased by three months each year.

As OF 01 January 2018,  the period OF contribution (20 years) OF the insured person FOR the retirement at age OF 60   shall be increased by three months each year and shall be 25 years in 2038.

FAVORABLE CONDITIONS:

  • Woman, who have paid contributions OF pension insurance FOR not less than 20 years and raised 4

and more born or adopted children under 3 years old until the age OF 6, having attained 50 years old               shall be eligible FOR a retirement pension at their own request

  • Men OF 50 and 55, women OF 45 who have worked underground or in hazardous, hot and arduous working conditions on satisfaction OF requirements specified in Law shall be eligible FOR a retirement pension.
  • Men, who have paid contributions OF pension insurance f or not less than 20 years in total, from this have worked as a herder FOR 15 years and paid contributions OF pension insurance shall be eligible FOR a retirement pension at age OF 55 years. Women, who have paid contributions OF pension insurance FOR not less than 20 years in total, from this have worked as a herder FOR 12 years and 6 months and paid contributions OF pension insurance shall be eligible FOR a retirement pension at age OF 50

ELIGIBILITY FOR INvALIDITY PENSION:

 

The insured person who has lost not less than 50 percent OF his/ her capacity FOR work permanently or FOR a long duration due to a non-occupational disease or accident shall be eligible FOR an invalidity pension, provided that he/ she has paid contributions OF pension insurance FOR not less than 20 years, or FOR a period OF three years out OF five, immediately preceding the date OF commencement OF invalidity.

RATE OF INvALIDITY PENSION:

The invalidity pension OF an insured person who has lost his/her capacity FOR work and suffering  from total invalidity shall be calculated at 45% from his/ her wages. The pension shall be increased by 1.5 percent OF disability pensionable wages FOR each year additional to 20 years OF pension insurance.

ELIGIBILITY FOR SURVIVOR’S PENSION:

ELIGIBILITY FOR SURvIvOR’S PENSION:

 

Where an insured person, who has paid contributions OF pension insurance FOR not less than 20 years, or FOR a period OF three years out OF five, dies to due    to a non-occupational disease or accident, the family dependent members shall be eligible FOR a survivor’s pension.

RATE OF SURvIvOR’S PENSIONS:

 

RATE OF SURVIVOR’S PENSION:

The survivor’s pension shall be calculated at the following rate from 45 percent monthly average insurable wages OF the deceased and increased by

1.5 percent OF pensionable wages FOR each year and

0.125 percent FOR each month additional to 20 years OF pension insurance.

 

Number OF dependents

Percent OF wages

3 or more

100

2

75

1

50