Spectator on facebook

Spectator on facebook

Slovakia and US sign agreement on social security

Labour, Social Affairs and the Family Minister Ján Richter and US Ambassador to Slovakia Theodore Sedgwick on Monday, December 10, signed an agreement between Slovakia and the US on social security, the TASR newswire learned later on the same day.

Labour, Social Affairs and the Family Minister Ján Richter and US Ambassador to Slovakia Theodore Sedgwick on Monday, December 10, signed an agreement between Slovakia and the US on social security, the TASR newswire learned later on the same day.

"Slovakia has until now observed ... a contract that is 50 years old and doesn't comply with current international requirements. For this reason, it was essential to approve a specific document that would stipulate the direct relationship between the countries," said the Slovak labour minister. Richter added that the contract is especially important as it concerns a large number of Slovaks living and working in the US. According to the agreement, those working abroad - either Slovaks in the US or US citizens in Slovakia – will not be obliged to pay taxes in both countries simultaneously but only in the one in which they work.

Moreover, Slovaks and Americans working in each other's countries will be able to receive pensions, to which they will be eligible thanks to being insured there - regardless of where they are currently living. The US ambassador observed that such contracts bring benefits not only to employees but also to employers and governments, especially when the complicated situation on the global market is taken into account. As of 2011, Slovak social insurer Sociálna poisťovňa was paying pensions to 399 people living in the US. The number of US citizens employed in Slovakia was 279.

(Source: TASR)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

My five-year-old daughter will almost certainly encounter a Weinstein too

It’s not that I thought sexually harassing women was okay, it’s more that I accepted that was just part of how things worked. Unfortunate, yes, but also standard.

Harvey Weinstein

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico