IMF Delegation Visits Mongolia to Discuss Public Sector Salaries and Pension System Reform
A delegation from the International Monetary Fund (IMF), led
by Mr. Mauricio Soto, Deputy Director of the Expenditure Policy Division in the
IMF’s Fiscal Affairs Department, is visiting Mongolia to review issues related
to public sector salaries and the pension system.
State Secretary of the Ministry of Family, Labour and Social
Protection, L. Munkhzul, met with the IMF delegation on February 25, 2026 to
provide an overview of the current situation, key challenges, and future
objectives of the country’s public sector wage and pension frameworks.
She highlighted that the Government of Mongolia has been
gradually implementing measures to increase public sector salaries and optimize
their structure. Moving forward, there is an urgent need to establish a unified
salary system for civil servants, harmonize inconsistent provisions in sectoral
laws related to salaries and social security, eliminate overlaps, and
standardize evaluation criteria and coverage.
The State Secretary also explained that Mongolia is
implementing phased reforms to transition toward a multi-tiered pension system,
in line with long- and medium-term development policies. She noted that,
similar to other countries, Mongolia is beginning to experience rising pension
expenditures due to changes in population age structure and increased life
expectancy.
In this context, the Ministry is developing draft laws on
“Public Sector Salaries and Social Security” and “Private Supplementary
Pensions” to support these reforms.
During their stay in Mongolia from February 25 to March 10,
2026, the IMF delegation will engage with relevant Parliamentary Standing Committees,
the Ministry of Finance, the Ministries of Health and Education, and the Civil
Service Council.