Common Contracts
2 similar Social Security Agreement contracts
ENGLISH Social Security Agreement between Australia and the Republic of Korea Australia’s social security systemSocial Security Agreement • May 23rd, 2024
Australia’s social security system is different to most other countries. Each person’s pension is paid by the Australian Government out of general funds, rather than through contributions paid into a social insurance fund. For this reason, Australian pensions are income and asset tested.
ENGLISH Social Security Agreement between Australia and the Republic of Korea Australia’s social security systemSocial Security Agreement • May 26th, 2022
Australia’s social security system is different to most other countries. Each person’s pension is paid by the Australian Government out of general funds, rather than through contributions paid into a social insurance fund. For this reason, Australian pensions are income and asset tested.
