The Convention on Social Security Coordination, which benefits citizens of both countries also supports business and trade by ensuring that cross-border workers and their employers are only liable to pay social security contributions in one state at a time…reports Asian Lite News.
The UK and Switzerland have signed a landmark agreement which is aimed to benefit citizens who live and work abroad in either country by ensuring they are able to receive healthcare cover and uprated state pensions, amongst other social security entitlements.
The agreement, which is expected to come into force from November this year, will also allow eligible individuals travelling to either country to access necessary healthcare when abroad using a European Health Insurance Card (EHIC) or its UK successor, the Global Health Insurance Card (GHIC).
The Convention on Social Security Coordination, which benefits citizens of both countries also supports business and trade by ensuring that cross-border workers and their employers are only liable to pay social security contributions in one state at a time.
Foreign, Commonwealth and Development Office Minister, Nigel Adams who signed the agreement said: “I am pleased to be able to sign the UK-Switzerland Convention on Social Security Coordination. This will help give people certainty over their future incomes, ensure our citizens can continue to receive reciprocal healthcare and support business and trade links between our two countries.”
The agreement covers a wide range of social security benefits for eligible individuals. Those living abroad in either country will be able to receive healthcare, uprated pensions and other benefits. This includes healthcare cover for UK state pensioners, those exporting maternity allowance, and certain categories of cross-border workers.
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