Result achieved
Linked projects
Outcome summary
The Ministry of Population Development and Social Protection (MPDSP) and the Ministry of Labour (MOL) of Mongolia endorsed and launched the Assessment Based National Dialogue (ABND) report on 15 May 2015.Outcome achieved
The Ministry of Population Development and Social Protection (MPDSP) and the Ministry of Labour (MOL) of Mongolia endorsed and launched the Assessment Based National Dialogue (ABND) report on 15 May 2015. By endorsing the ABND report, the Government of Mongolia, the Mongolia Employers’ Federation (MONEF) and the Confederation of Mongolia Trade Unions (CMTU) have committed to the establishment of a social protection floor in Mongolia. An illustration of such commitment is the consensus on the introduction of a universal minimum pension and the maintenance of the universal child money programme. The Government of Mongolia and the social partners (MPDSP, MOL, MONEF and CMTU) accepted in December 2015 an actuarial study which assesses the financial feasibility of the proposed broad scenarios to extend the old-age pension benefits to herders, self-employed and informal economy workers.
ILO's contribution to the outcome
The ILO also assisted the Government of Mongolia and its social partners to carry out the Assessment Based National Dialogue (ABND) on Social Protection and Employment Protection. The ABND was informed by the ILO’s costing exercise which shows that achieving a social protection floor in Mongolia would cost an additional 1.68 per cent on top of the already committed government’s social protection expenditures. The ILO provided technical support through the actuarial valuation of the pension system and organised a number of capacity building activities on social insurance for Social Security officials, workers and employers representatives so as to foster informed discussions in the national dialogue on pension reform. The broad scenarios agreed by tripartite constituents, and following ILO recommendations, present a multi-pillar system which includes i) universal tax-funded pension; ii) compulsory social insurance pension, subsidized by the government and a third voluntary supplementary pillar will be envisaged at a later stage.