Regular Meeting of the National Social Insurance Council Held

The National Social Insurance Council held its regular meeting and approved the following matters:

·         The minimum interest rate to be credited to the 2025 income of insured persons’ pension insurance individual accounts was set at 11.28 percent. Following this decision, 1.1808 million insured persons, or 77.1 percent of the total 1.5306 million insured persons with individual accounts who were born on or after January 1, 1979, will receive interest income calculated on their contribution-based income.

·         Amendments were made to the 2026 plan for preventive measures to be financed from the Employment Injury and Occupational Disease Insurance Fund. Under the amended plan, training sessions will be organized in 2026 to provide employers, citizens, insured persons, social insurance inspectors, and employees with information and guidance on the significance and key amendments introduced by the Law on Amendments to the General Law on Social Insurance and the Law on Amendments to the Law on Pensions, Benefits and Payments for Employment Injuries and Occupational Diseases from the Social Insurance Fund.

·         The maximum number of deposits to be placed with systemically important commercial banks from the free balance of the Social Insurance Fund in 2026 was approved at MNT 565.0 billion. The decision will enable the Social Insurance Fund to place its free balance in deposits with systemically important commercial banks and earn annual interest income at a rate of 13.94 percent in 2026.

·         B. Javkhlantsogt, an insurance economist and doctoral candidate, was appointed to fill the vacant position of the audit member of the Professional Committee under the National Social Insurance Council. The appointment will ensure that an independent audit specialist works under the National Social Insurance Council to contribute to improving the operations of social insurance institutions, strengthening the collection and expenditure of fund revenues, and providing independent professional input into decisions concerning the investment of the Social Insurance Fund’s free balance in financial instruments.