Social Security Agreement Chile: Everything You Need to Know

If you`re a U.S. citizen planning to work in Chile or a Chilean citizen seeking employment in the United States, it`s important to understand the social security agreement between the two countries. This agreement ensures that you won`t lose your social security benefits earned from one country when you move to the other.

Let`s take a closer look at what this agreement entails.

What is the Social Security Agreement between the U.S. and Chile?

The social security agreement between the U.S. and Chile is a bilateral agreement signed in 2001. It aims to coordinate the social security systems of both countries and protect the rights of individuals who have worked in both countries. The agreement ensures that people who have paid into the social security systems of both countries can receive benefits from both, even if they haven`t met the minimum requirements for one or the other.

Who is Covered Under the Agreement?

The agreement covers U.S. and Chilean citizens who have worked in either country. It also covers certain family members and survivors of those citizens who have worked in both countries. This means that if you are a U.S. citizen who has worked in Chile, your spouse and children may be eligible for social security benefits from both countries.

How Does the Agreement Work?

Under the agreement, people who have worked in both countries can receive benefits from both, even if they haven`t met the minimum requirements for one or the other. For example, if you have worked in Chile for five years and in the U.S. for five years, you may be eligible for social security benefits from both countries.

To apply for benefits, you must contact the social security agency in the country where you are currently living. The agency will then coordinate with the agency in the other country to determine your eligibility and calculate your benefits.

What Benefits are Covered?

The social security agreement covers retirement, survivor, and disability benefits. This means that if you have paid into the social security systems of both countries, you can receive benefits from both countries when you retire, become disabled, or pass away.

The agreement also covers Medicare benefits. If you have worked in both countries and meet certain eligibility requirements, you may be eligible for Medicare coverage in both countries.

Conclusion

If you`re a U.S. citizen planning to work in Chile or a Chilean citizen seeking employment in the United States, it`s important to understand the social security agreement between the two countries. This agreement ensures that you won`t lose your social security benefits earned from one country when you move to the other.

If you have worked in both countries, you may be eligible for social security benefits from both. To apply for benefits, contact the social security agency in the country where you are currently living. They will then coordinate with the agency in the other country to determine your eligibility and calculate your benefits.

Understanding the social security agreement between the U.S. and Chile can help ensure that you receive the benefits you`re entitled to, no matter where you choose to work or retire.