An interesting article. Is there a glimpse of when social security will be mandatory in Shanghai? If you already have a private pension, are you obliged to switch to public social security? ** Spain and Portugal are subject to both a bilateral agreement and the social security treaty of the Ibero-American organization. The national system requires expatriates to contribute, but some regions have other rules for foreigners. For example, Shanghai does not require expats to contribute to social security, and other cities may only require certain insurances, such as for example. B medical. There must be a reason why Shanghai Social Security has been made optional. I wonder why similar reasoning is not used in other cities. The ten bilateral agreements with China on social security exemptions that have been implemented are presented in the table below. The agreement will allow Chinese and Japanese nationals who work in the other country to avoid some of the social security. If a worker is not entitled to benefits in the country of origin or host country due to failure to meet deadlines, an existing aggregation agreement between the two countries can provide a solution.
The agreement allows the employee to add up the time spent between the two sites and receive social security benefits from one of the countries, provided that a minimum amount is reached in one of the two countries or in both countries. For example, in the United States, if the combined credits in both countries allow the worker to meet the eligibility requirements, a partial allowance may be paid on the basis of the share of the total career of the person completed in the paying country. While social security obligations can be one of the most important contributions employers pay when they decide to send an employee to a foreign policy, social security can also be one of the most overlooked aspects of the pay package. The main social security issues, which concern both the employer and the worker travelling abroad, are as follows: this will then be checked and a copy will be registered. After verification of this documentation and possibly verification and certification, the worker concerned is exempt from the corresponding social security contributions. While regional authorities manage the social security system, not all regional governments have adopted the rules for implementing China`s international social security agreements. . . .