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Salary and pension is to increase coordinating with inflation

Translator E.Oyun-Erdene GoGo.mn
2019-04-03 17:42 GMT+8

Labor and society consensus trilateral agreement has been concluded today.
President of Mongolian National Chamber of Commerce O.Amartuvshin, Minister of Labor and Social Protection S.Chinzorig, President of Confederation of Mongolian Trade Unions Kh.Amgalanbaatar and other representatives participated press conference.

President of Confederation of Mongolian Trade Unions Kh.Amgalanbaatar:
-           Labor and society consensus trilateral agreement of 2019-2020 has been concluded officially today. We made salary and pension increased last year and following three issues will be adhered as a result of the agreement.
1.         Increase working place
2.         Increase salary and pension coordinating with budget and inflation of Mongolia
3.         Enforce law on Labor safety and hygiene, and strengthen its responsibility.

Minister of Labor and Social Protection S.Chinzorig said:
-           Trilateral agreement of 2017-2018 was successful. Implementation of the agreement is 83.2%. Average salary of civil servant increased to be MNT 916 thousand which increased 27.5% from 2016. Also, minimum wage increased to be MNT 320 thousand, and it will be MNT 420 thousand next year.

As for the agreement of 2019-2020, 51 proposals of 6 groups included in the agreement based on proposals from Confederation of Mongolian Trade Unions and Mongolian Employers Federation.

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