Mongolia: Strengthening the Pension System

Sovereign Project | 40608-012 Status: Closed


Latest Project Documents

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Project Name Strengthening the Pension System
Project Number 40608-012
Country Mongolia
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 4910-MON: Strengthening the Pension System
Technical Assistance Special Fund US$ 150,000.00
Financial Sector Development Partnership Fund US$ 500,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Finance - Insurance and contractual savings

Gender Equity and Mainstreaming Effective gender mainstreaming
Project Rationale and Linkage to Country/Regional Strategy

Project Outcome

Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation

Business Opportunities

Consulting Services The TA will engage four international consultants for a total of 14 person-months including a (i) pension system expert/team leader (5.0 person-months); (ii) fund management expert (4.5 person-months); (iii) legal expert (2.5 person-months); and (iv) an actuarial expert (2.0 person-months). Four domestic consultants, who will each have background in the aforementioned four areas, will also be recruited for a total of 20 person-months. The consultants will be recruited through their firms and selected under the quality-and-cost-based-selection (QCBS) method using the simplified technical proposal in accordance with ADB's Guidelines on the Use of Consultants and other arrangements satisfactory to ADB on engagement of domestic consultants. Separate budget will be provided to engage resource persons to cover specific areas or to participate in seminars and conferences.

Responsible Staff

Responsible ADB Officer Yuebin Zhang
Responsible ADB Department East Asia Department
Responsible ADB Division Public Mgt, Financial Sector and Regional Coop Division, EARD
Executing Agencies
Ministry of Finance
Mr. Kh. Ragchaa
Government Building-2 Negdsen Undestnii gudamj-5/1 Ulaanbaatar-210646, Mongolia


Concept Clearance 08 Dec 2006
Fact Finding 14 Nov 2006 to 17 Nov 2006
Approval -
Last Review Mission -
PDS Creation Date 13 Dec 2006
Last PDS Update 19 Aug 2009

TA 4910-MON

Approval Signing Date Effectivity Date Closing
Original Revised Actual
20 Dec 2006 04 Jan 2007 04 Jan 2007 31 Dec 2007 30 Sep 2009 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
150,000.00 500,000.00 120,000.00 0.00 0.00 0.00 770,000.00 20 Dec 2006 566,621.40

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

Title Document Type Document Date
Enhancing Mongolia's Pension System Papers and Briefs Dec 2009

The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.