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India, Argentina sign Social Security Agreement for Professionals

Published on October 03, 2023
Current Context: The SSA is a bilateral agreement that aims to protect the rights of professionals and workers who are employed in each other’s countries.The SSA covers legislation in India concerning old age, survivor’s pension and permanent, total disability pension for employed persons as well as legislation in Argentina concerning contributory benefits of the Social Security System.
India, Argentina sign Social Security Agreement for Professionals
  • The SSA provides detached workers, i.e., employees working in another country on a temporary basis, and their family members with rights to contributory benefits such as cash allowance for retirement or pension, rent, subsidy or lump sum payments as per local legislation without being subject to any reduction, modification, suspension, suppression or retention.
  • The SSA establishes the legal framework regulating insurance period i.e., period of services credited with contributions, contributory benefits and export thereof, in respect of detached workers, including crew members of airlines and ships.
  • The SSA was signed by India’s Ambassador to Argentina Dinesh Bhatia and Argentina’s Minister of Foreign Affairs, International Trade and Worship Santiago Cafiero on Friday, September 30, 2023.
  • The SSA is expected to facilitate greater movement of professionals and labour force between the two countries and enhance the economic and commercial ties that have grown exponentially in recent years.

Question:

Q.1 What is the main purpose of the Social Security Agreement (SSA) that India and Argentina signed recently?
a. To protect the rights of professionals and workers who are employed in each other’s countries
b. To promote trade and investment between the two countries
c. To establish diplomatic relations and cooperation between the two countries
d. To provide humanitarian aid and assistance to each other’s countries
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