Main Contents of the Social Security Agreement Between Korea and Switzerland
History of the Agreement with Switzerland
- May 2000 :Held the first working-level meeting of the Agreement
- October 2000:Held the second working-level meeting of the Agreement
- November 2013 : Held the third working-level meeting of the Agreement
- January 2014 :Signing of the Agreement
- November 2014 :Implementation meeting of the Agreement
- November 2014 :Received written notification from Switzerland that Switzerland has complied with all requirements for entry into force of the Agreement
- March 2015 :Provided a written notification to Switzerland that Korea has complied with all requirements for entry into force of the Agreement
- June 2015 :Entry into force of the Agreement
Applicable Legislation
- in relation to Korea,
- - Coverage : the National Pension Act, the Employment Insurance Act, the Act on the Collection, etc. of Premiums for Employment Insurance and for Industrial Accident Compensation Insurance(excluding provisions on Premiums for Industrial Accident Compensation Insurance)
- in relation to Switzerland,
- - Coverage : the Federal Law on old-age and survivors' insurance, the Federal Law on invalidity insurance.
Personal Scope of this Agreement
- This Agreement shall apply to any person who is or who has been subject to the legislation of either Contracting Party, and to his or her accompanying family members within the meaning of the applicable legislation of either Contracting Party.
- ※ For more information, you may refer to the section Agreement.
Exemption from Dual Coverage
- ① In general, an employee is subject to the legislation of a contracting party in which he/she is employed.
- ② In general, a self-employed person is subject to the legislation of the party in which he/she works.
- ③ A detached person is exempt from being subject to the legislation of the party which he/she is sent to for no more than 6 years if he/she is covered under the legislation of his/her home country.
- ④ A person who is engaged in self-employed activities in the other contracting party or in both contracting parties is subject to the legislation of only the contracting party in which he/she ordinarily resides.
- ※ For more information, you may refer to the section Agreement or Guide for Exemption Application
[ Applicable legislation under the Agreement ]
| Type | Work Status | Coverage |
|---|---|---|
| Employee | You are working in Switzerland | |
| - for an employer in Switzerland who hired you | Switzerland | |
| - for an employer in Korea who sent you to work in Switzerland for no more than 6 years | Korea | |
| - for an employer in Korea who sent you to work in Switzerland for more than 6 years without extension of detached period | Switzerland | |
| You are working in Korea | ||
| - for an employer in Korea who hired you | Korea | |
| - for an employer in Switzerland who sent you to work in Korea for no more than 6 years | Switzerland | |
| - for an employer in Switzerland who sent you to work in Korea for more than 6 years without extension of detached period | Korea | |
| Self-employed | You are self-employed in Switzerland | |
| - for a self-employed person who ordinarily resides and works in Switzerland | Switzerland | |
| -for a self-employed person who ordinarily resides in Korea but works in Switzerland | Korea | |
| - for a self-employed person who ordinarily resides Switzerland and works for both countries | Switzerland | |
| You are self-employed in Korea | ||
| - for a self-employed person who ordinarily resides and works in Korea | Korea | |
| - for a self-employed person who ordinarily resides in Switzerland but works in Korea | Switzerland | |
| - for a self-employed person who ordinarily resides in Korea and works for both countries | Korea |
Agencies of this Agreement
| Korea | Switzerland |
|---|---|
| National Pension Service (NPS) | the Compensation Fund(AHV) |
