The social insurance is a socio-economic measure to provide pensions, benefits or payments prescribed in the legislation to the insured person in contingencies of retirement, disability, sickness and unemployment, as well as his/or her dependents in case of the insured person’s death, having established a Social Insurance Fund through contributions payable by individuals (further referred to as "insured persons") , State institutions, business units and organizations according to the applicable procedures.

-Branches of Social Insurance:

• Pension insurance
• Benefits insurance
• Health insurance
• Insurance against employment injury and occupational diseases
• Unemployment insurance

-Each branch of social insurance has a separate cash fund as follows:

• Pension insurance fund
• Benefits insurance fund
• Health insurance fund
• Insurance fund against employment injury and occupational diseases
• Unemployment insurance fund

- Forms of social insurance

• Compulsory coverage
• Voluntary coverage

Historical records

• 1942 - Social Security Department, Central Council of Mongolian Trade Unions
• 1962 - Division for handling rest homes and sanatoriums under Central Council of Mongolian Trade Unions
• 1970 - Social Security Department, Ministry of Finance
• 1974 - State Social Security Department, State Committee of Labor and Wages
• 1987 - Social Security Department, Ministry of Finance
• 1989- Social Security Department, Ministry of Health and Social Welfare
• 1991 - State Social Security Department, Ministry of Labor
• 1992 - Social Security Department, Ministry of Population Policy and Labor
• 1994 - State Social Insurance General Office, Ministry of Population Policy and Labor
• 1996 - State Social Insurance General Office, Ministry of Health and Social Welfare
• 2000 - State Social Insurance General Office, Ministry of Social Welfare and Labor
• 2005 - State Social Insurance General Office, Ministry of Social Welfare and Labor
• There are over 1000 staff working with the State Social Insurance General Office and social insurance departments of the Capital City, its districts, aimags and soums, dealing with 20.1 million insured persons, about 280,000 retirees and over 15,000 employers, recording monthly contributions, doing a lot of accounting work related with receipts and expenditure of five branch Funds of Social Insurance
  

SOCIAL INSURANCE ORGANIZATION'S CHART