Country fact sheet

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Mongolia

  • Basic country data

  • Population over 60 in 2010:
  • 161,570 (6%)
  • Projected population over 60 in 2050:
  • 954,207 (27%)
  • Poverty rate of total population:
  • 2%
  • Income of country:
  • Lower middle income
  • Social pension?
  • Yes
  • Scheme information

  • Scheme information: Social welfare pension
  • Monthly pension benefit:
  • 34500 Tugriks (26 US$)
  • 21.84 % of average income
  • 170 % of international poverty line
  • Age of eligiblity:
  • 60 (men) 55 (women)
  • Targeting:
  • Means-tested
  • % of population over 60 covered:
  • 2%

Resources on the pension in Mongolia

Pension calculator

Calculate the cost of a universal social pension in Mongolia.

Visit the Pension Calculator

Notes