To submit a right to U.S. or Korean benefits as part of the agreement, follow the instructions in the “Benefits Rights” section. All of these agreements are based on the concept of shared responsibility. Responsibility-sharing agreements are reciprocal. Under each agreement, partner countries make concessions to their social security qualification rules so that those covered by the agreement have access to payments that they may not be eligible for. The responsibility for social security is thus distributed among the countries in which a person has lived during his or her working years and where the person is able to obtain potential rights. In general, it is possible to access a pension from one country in the second country, although the paying country retains some discretion with regard to the exchange and delivery mechanisms used. Australia currently has 31 bilateral international social security agreements. “Our government is committed to ensuring the retirement security of Canadians, whether they have lived or worked in Canada or abroad. This agreement demonstrates the ongoing spirit of partnership and cooperation between our two countries and recognizes the valuable contribution of the Indokanaks to strengthening Canada. If you do not wish to be entitled to benefits, but want more information about the agreement, write:In accordance with the Canada-Korea Social Security Agreement, which is in effect on May 1, 1999, Canadians working in Korea must join the Korean National Pension Plan. Contributions you have made are refunded when you leave the country. For more information, please visit Pensions and Foreign Services and Lump-Sum Refund or contact National Pension Service in Korea at 02-2176-8712 from Korea and 82-2-2176-8712 from abroad.
If you do not agree with the decision on your entitlement to benefits under the agreement, contact a U.S. or Korean social security office. The people there can tell you what you need to do to appeal the decision. In addition, your employer must indicate whether you remain an employee of the U.S. company while you operate in Korea or if you will become employees of the U.S. company`s subsidiary in Korea. If you become a related company, your employer must indicate whether the U.S. company has entered into an agreement with the IRS, pursuant to Section 3121 (l) of the Internal Income Code, to pay U.S. Social Security taxes for U.S. citizens and residents employed by the subsidiary and, if so, the agreement comes into effect.
The Canadian government`s international social security agreements cover only Old Age Security and Canada`s pension benefits. If you have contributed to the PQ, but not to the CPC, please contact the Quebec Pension Plan. Normally, people who are not U.S. citizens can receive U.S. Social Security benefits when they are outside the U.S., only if they meet certain requirements. However, under the agreement, you can receive benefits as long as you reside in Korea, regardless of your nationality. If you are not a U.S. citizen and you live in another country, you may not be able to receive benefits. Your Payment While You Are Outside The United States (Publication No.
05-10137) explains the restrictions placed on U.S. services. If you (or your deceased spouse or relative) left Korea before January 1, 1988, the Canada-Korea Social Security Agreement cannot help you qualify for benefits. Under the agreement, if you work as an employee in the United States, you are generally covered by the United States and you and your employer pay Social Security taxes only in the United States.