The Cabinet meeting was held yesterday
The Cabinet meeting on Wednesday decided to submit to parliament an issue on ratifying an agreement on social welfare between Mongolia and Hungary.
According to figures of the first half of 2010, some two thousand Mongolians are studying and living in Hungary, of them 800 have lawful labour contract and are paying social insurance premium according to the laws of Hungary.
If the agreement is ratified, the Mogolians in Hungary will be able to get retired and, depending on his/her time of paying pension insurance premium in Mongolia and Hungary, will receive dividend premium from the two sides. Apart of it, a social guarantee of Hungary-based Mongolians will improve, and official registration and information fund of Mongolians will be refined.
According to figures of the first half of 2010, some two thousand Mongolians are studying and living in Hungary, of them 800 have lawful labour contract and are paying social insurance premium according to the laws of Hungary.
If the agreement is ratified, the Mogolians in Hungary will be able to get retired and, depending on his/her time of paying pension insurance premium in Mongolia and Hungary, will receive dividend premium from the two sides. Apart of it, a social guarantee of Hungary-based Mongolians will improve, and official registration and information fund of Mongolians will be refined.
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