Japan Sweden Social Security Agreement: What You Need to Know
Japan and Sweden have signed a social security agreement that aims to coordinate the social security systems of both countries. The agreement is aimed at protecting the social security rights of Japanese and Swedish citizens who work in the other country.
The agreement covers various areas including pension, survivor`s benefits, disability benefits, sickness benefits, and maternity benefits. It also covers the issue of social security contributions, which will be paid only in one country.
This means that Japanese citizens working in Sweden will only have to pay social security in Japan and vice versa. This avoids the double payment of social security contributions, which can be costly for both employees and employers.
The agreement also allows for the transfer of social security benefits between the two countries. This means that if a Japanese citizen works in Sweden and then returns to Japan, they can transfer their social security benefits earned in Sweden to Japan.
The agreement also includes provisions for the coordination of social security benefits. This means that if a person is eligible for social security benefits from both Japan and Sweden, they will receive the higher of the two benefits.
The Japan Sweden Social Security Agreement is good news for Japanese and Swedish citizens who work in the other country. It provides them with social security protection and ensures that they are not subjected to double social security contributions. The agreement is also good news for employers who employ citizens from the other country as it reduces costs associated with social security contributions.
In conclusion, the Japan Sweden Social Security Agreement is a positive development that benefits both Japanese and Swedish citizens and their employers. If you are a citizen of either country who works in the other country, make sure you understand the implications of the agreement for your social security contributions and benefits.
