Agreement on Social Security between Canada and the Republic of the Philippines

Agreement on Social Security Between Canada and the Republic of the Philippines

Canada and the Philippines have signed an agreement on social security that allows residents of both countries to receive benefits from their respective social security systems. The agreement was signed on May 1, 2019, and has been in effect since April 1, 2021.

Under the agreement, eligible individuals who have lived or worked in both countries can now access social security benefits from either Canada or the Philippines, depending on their circumstances. The agreement covers retirement, disability, survivor, and death benefits.

For Canadians living in the Philippines, the agreement means that they can now apply for social security benefits from Canada, even if they have not contributed to the Canadian social security system for many years. Similarly, Filipinos who have worked in Canada but have since returned to the Philippines can now access benefits from the Canadian social security system.

To be eligible for benefits under the agreement, individuals must have contributed to the social security system in both countries for a certain period of time. The exact requirements vary depending on the type of benefit being applied for and the individual`s circumstances.

The agreement is expected to benefit thousands of Canadians and Filipinos who have lived or worked in both countries over the years. It will provide much-needed financial support to those who are eligible, and help ensure that they are not left without a safety net in their old age.

In addition to providing social security benefits, the agreement will also help to strengthen the relationship between Canada and the Philippines. It is an important step forward in the bilateral cooperation between the two countries, and will help to promote the well-being of their citizens.

Overall, the agreement on social security between Canada and the Republic of the Philippines is a positive development for both countries. It will provide much-needed support to eligible individuals, and help to deepen the ties between Canada and the Philippines. If you are a Canadian or a Filipino who has lived or worked in both countries, and are eligible for social security benefits, be sure to take advantage of this agreement and apply for the benefits you deserve.