SouthGobi Sands awarded best social insurance premium payer

By Ch.KHALIUN

On Monday, the Social Insurance General Office (SIGO) organized an event honoring the state’s best social insurance premium payers, naming SouthGobi Sands LLC as the nation’s best.
SIGO traditionally organizes an award ceremony for honoring leading national employers paying social insurance premiums to support employers and encourage social responsibility.
Eleven companies that involved all of their employees in social insurance, paid premiums on time, and released reports on social insurance contributions, successfully fulfilling their duties as required by the law, were selected for honors for 2014.

1. SouthGobi Sands
2. Boroo Gold
3. Transwest Mongolia
4. Air Traffic Services of the Civil Aviation Authority of Mongolia
5. Erdenet Factory
6. Bayan Airag Exploration
7. Energy Resources
8. Thermal Power Plant IV
9. MIAT
10. Petro China Dachin Damsag
11. Khaan Bank

Executive Director of SouthGobi Sands Ch.Munkhbat said, “Our company has over 350 employees, of which 99 percent are Mongolians. In times when market conditions and coal sales have decreased, we followed the policy to fully pay our employees’ social insurance. The General Department of Taxation released the best tax payers of the last five years, and our company is ranked ninth. Today we were awarded as the best social insurance premium payer, and we are happy.”