The Social Insurance Fund grows by 8.5 billion MNT
Article 13 of the General Law on Social Insurance stipulates that the free balance of the Social Insurance Fund may be invested in approved financial instruments based on principles of security, profitability, responsibility, transparency, and independence.
In accordance with Resolutions No.7 (2025) of the National Council on Social Insurance, the amount to be placed as term deposits in commercial banks was approved. Additionally, Resolution No.8 revised the applicable interest rate.
The General Authority for Social Insurance carried out investment calculations and, with oversight from the non-staff expert committee and the public oversight council under the National Council, deposited 700 billion MNT of the fund's free balance into four systemically important commercial banks. These deposits were made for a one-year term at an annual interest rate of 15%.
Under the agreement signed with these banks, the June 2025 interest income of MNT 8.5 billion MNT has been received and added to the fund's assets. This follows the May 2025 interest income of 8.6 billion MNT, bringing the total interest income to date to 17.1 billion MNT.
Over the one-year deposit period, the Social Insurance Fund is expected to earn a total of 105 billion MNT in interest income.