Main Contents of the Understanding on Social Security Agreement Between Korea and Quebec
History of the Agreement with Quebec
- Nov. 2015 : Signed the Agreement
- Nov. 2016 : Provided written notification to Quebec that Korea has complied with all requirements for entry into force
of this Agreement - Jun. 2017 : Received written notification to Korea that Quebec has complied with all requirements for entry into force
of this Agreement - Sep. 2017 : Entry into force of the Agreement
Applicable Legislation
- In relation to Korea, the legislation concerning the National Pension
- In relation to Quebec, the legislation concerning Quebec Pension Plan
Personal Scope of this Agreement
- This Agreement shall apply to persons who are or have been subject to the legislation of one or both Parties and to the dependants and survivors of such persons within the meaning of the applicable legislation of that Contracting Party.
- ※ For more information, you may refer to the section Agreement
Exemption from Dual Coverage
- ① In general, an employed person who works in the territory of one Contracting Party shall, with respect to that work, be subject only to the legislation of that Contracting Party.
- ② A detached person is exempt from being subject to the legislation of the party which he/she is sent to for no more than 5 years if he/she is covered under the legislation of his/her home country.
⇒ Based on the mutual agreement between the two countries, those periods can be extended. - ※ 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 Quebec: | |
| - for an employer in Quebec who hired you | Quebec | |
| - for an employer in Korea who sent you to work in Quebec for no more than 5 years (Based on the mutual agreement between the two countries, those periods can be extended) | Korea | |
| - for an employer in Korea who sent you to work in Quebec for more than 5 years without extension of the detached period | Quebec | |
| You are working in Korea: | ||
| - for an employer in Korea who hired you | Korea | |
| - for an employer in Quebec who sent you to work in Korea for no more than 5 years (Based on the mutual agreement between the two countries, those periods can be extended) | Quebec | |
| - for an employer in Quebec who sent you to work in Korea for more than 5 years without extension of the detached period | Korea | |
| Self-employed | You are self-employed either or both in Quebec and Korea | |
| - and reside in Korea | Korea | |
| - and reside in Quebec | Quebec |
Benefits under this Agreement
- Even though your periods of coverage in one country are not sufficient to qualify for pension benefits, you may be eligible for benefits after this Agreement has entered into force. This is possible due to totalizing the coverage of both countries.
- ① Korean National Pension Benefits under the Social Security Agreement
- If you do not have enough periods of coverage to qualify for pension benefits under the Korean national pension program, you may be able to qualify for Korean national pension benefits by totalizing periods of coverage under the Korean and Quebec pension systems. However, these periods creditable under the Quebec pension system, must not coincide with those under the legislation of Korea.
- Your benefit is calculated by dividing the Korean periods of coverage by the total periods of coverage and then multiplying by the benefits amount (theoretical benefit). The benefits amount (theoretical benefit) is calculated based on the total periods in both countries.
- ② Quebec Pension Benefits under the Social Security Agreement
- If you do not have enough periods of coverage to qualify for pension benefits under the Quebec pension system, you may be able to qualify for Quebec pension benefits by totalizing periods of coverage under the Korean and Quebec pension systems. However, these periods creditable under the Korean national pension program, must not coincide with those under the legislation of Quebec.
- ③ A person who resides in the territory of a Contracting Party shall receive equal treatment with nationals of that Contracting Party in the application of its legislation regarding entitlement to or payment of benefits.
- ④ Korean lump-sum refunds are granted to Quebecers(Canadian nationals) based on the Agreement.
- ※ For more information, you may refer to the section either Agreement or Guide for Benefits Application.
Agencies of this Agreement
| Korea | Quebec |
|---|---|
| National Pension Service (NPS) |
|
