Social Security Agreement South Korea

Social Security Agreement between South Korea and the United States: What You Need to Know

The Social Security Agreement between South Korea and the United States was signed in 2001 and came into effect in 2001. The agreement aims to help ensure that people who have worked in both countries receive the appropriate Social Security benefits based on their work history.

If you have worked in both South Korea and the United States, you may be eligible for benefits from both countries. Under the agreement, you can request that your work history be combined to determine eligibility for benefits.

Here are some key things to know about the Social Security Agreement between South Korea and the United States:

1. Who is Covered?

The agreement covers individuals who have worked in both South Korea and the United States, as well as their dependents. It applies to Social Security retirement, survivor, and disability benefits.

2. How Does It Work?

Under the agreement, your work history in both countries will be combined to determine your eligibility for benefits. This means that if you have worked in both countries, you may be eligible for benefits from both countries.

In order to receive benefits, you will need to apply to the appropriate agency in the country where you currently live. For example, if you currently reside in South Korea, you would apply to the South Korean Social Security Agency. If you currently reside in the United States, you would apply to the Social Security Administration.

3. What Benefits are Available?

Under the agreement, you may be eligible for the following benefits:

– Retirement benefits: These are benefits paid to you when you reach retirement age.

– Survivor benefits: These are benefits paid to your spouse and/or children if you were to pass away.

– Disability benefits: These are benefits paid to you if you become disabled and are unable to work.

The amount of benefits you may be eligible for will depend on your work history in both countries.

4. How to Apply for Benefits

To apply for benefits, you will need to contact the appropriate agency in the country where you currently reside. If you have worked in both countries, you may need to apply to both agencies.

When applying for benefits, you will need to provide documentation of your work history in both countries. This may include tax returns, pay stubs, and other employment records.

5. Conclusion

The Social Security Agreement between South Korea and the United States is designed to help ensure that people who have worked in both countries receive the appropriate Social Security benefits based on their work history. If you have worked in both countries, you may be eligible for benefits from both countries. To learn more about the benefits available and how to apply, be sure to contact the appropriate agencies.

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