Seniors receiving longevity grant before Lunar New Year

Ulaanbaatar /MONTSAME/ Today, February 21, longevity grant of MNT50-250 starts being distributed to seniors aged 65 and more. The grant is legalized to be given twice a year on national holidays Tsagaan Sar and Naadam Festival. Seniors aged 65-69 are entitled to get MNT50, 70-79 will receive MNT 80 thousand and 80-89 will receive MNT 150 thousand and elders above 90 will receive MNT 250 thousand. Law of Mongolia on Elders’ Social Protection also states that the benefit will be issued to a legal person of elders living abroad after accreditation by a diplomatic mission in the country The Minister of Labor and Social Protection calculated that a total of 121 thousand seniors will receive the grant and MNT20.5 billion has been allocated in the state budget for it.