Population ageing and Intergenerational ralations in Mongolia

According to 2010 census, elderly person comprise 5.6 percent of Mongolia’s population and projected to increase 10.8 percent in 2025. “Oldest old” (70+) comprises about 2.3 percent in 2010 and will increase to 4.5 percent in 2030. At present, life expectancy reached 72.3 years for female and 64.9 percent for male and expected to be 77.6 years for female and 73.1 years for men in 2030.

The process of ageing is likely to bring extra burden on the national budget due to increased expenditure health care, retirement and pension benefits. In 2012, 8 percent of the GDP and 11.5 percent of the government revenue spent for elderly population. Traditionally, older persons have relied for income on their own earnings, family transfer payments and government handouts both in the form of social pensions and subsidies. Though the tradition of adult offspring and other relatives providing support for older persons remain strong, this support is rapidly shrinking as a result of declining family sizes. Objective of my paper will address intergenerational relation issue diving into three parts such as formal support, family support and community support.

Keywords: Ageing, intergenerational transfer, formal, family and community support.