Main Contents of the Social Security Agreement Between Korea and Slovenia
History of the Agreement with Slovenia
- May 2015 : Held the first preliminary meeting of the Agreement
- Sep 2015 : Held the meeting for the Administrative Arrangement of the Agreement
- May 2016 : Held the implementation meeting of the Agreement
- Feb 2018 : Signed the Agreement
- Oct 2019 : Entry into force of the Agreement
Applicable Legislation
- In relation to Korea
- - Coverage :
the laws and regulations concerning the National Pension - - Benefit : the laws and regulations concerning the National Pension
- - Coverage :
- In relation to Slovenia
- - Coverage :
the laws and regulations that govern compulsory pension and disability insurance except for the provisions regulating benefits for residual ability to work - - Benefits : the laws and regulations that regulate compulsory participation in social insurance system
- - Coverage :
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 or self-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 worker 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.
- ③A person who is ordinarily self-employed in one contracting party and temporarily engaged self-employed activities in the other contracting party is subject to the legislation of first contracting party.
- ④ A person who is employed or self-employed in both contracting parties is subject to the legislation of the contracting party in which he/she ordinarily resides.
⇒ Based on a mutual agreement between the Contracting Parties, the exemption period 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 | In case working in Slovenia: | |
| - Those who are employed in Slovenia | Slovenia | |
| - Those who are employed in Korea but are dispatched to Slovenia for work for no more than 5 years (Based on a mutual agreement between the Contracting Parties, the exemption period can be extended) | Korea | |
| - Those who are employed in Korea but are dispatched to Slovenia for work for more than 5 years without the consent regarding extension of the detached period | Slovenia | |
| In case working in Korea: | ||
| - Those who are employed in Korea | Korea | |
| - Those who are employed in Slovenia but are dispatched to Korea for work for no more than 5 years (Based on a mutual agreement between the Contracting Parties, the exemption period can be extended) | Slovenia | |
| - Those who are employed in Slovenia but are dispatched to Korea for work for more than 5 years without the consent regarding extension of the detached period | Korea | |
| Self-employed | In case running self-employed business in Slovenia: | |
| - Those who ordinarily reside in Slovenia as a self-employed person | Slovenia | |
| - Those who ordinarily self-employed in Korea but are temporarily self-employed in Slovenia for no more than 5 years (Based on a mutual agreement between the Contracting Parties, the exemption period can be extended) | Korea | |
| - Those who are temporarily self-employed in Slovenia for more than 5 years without the consent regarding extension of the working(detached) period | Slovenia | |
| In case running self-employed business in Korea: | ||
| - Those who ordinarily reside in Korea as a self-employed person | Korea | |
| - Those who ordinarily self-employed in Slovenia but are temporarily self-employed in Korea for no more than 5 years (Based on a mutual agreement between the Contracting Parties, the exemption period can be extended) | Slovenia | |
| - Those who are temporarily self-employed in Korea for more than 5 years without the consent regarding extension of the working(detached) period | Korea | |
| Others | - Those who are employed or self-employed in both countries | Ordinary residence |
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, thanks to the totalization of coverage periods in both countries.
- ① Korean National Pension Benefits under the Social Security Agreement
- - If you have no less than a 12-month of period of coverage but do not have enough periods of coverage to qualify for pension benefits under the Korean national pension scheme, you may be able to qualify for Korean national pension benefits by totalizing periods of coverage under the Korean and Slovenian pension systems. However, these periods creditable under the Slovenian 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 Slovenian Pension Benefits under the Social Security Agreement
- - If you have no less than a 12-month of period of coverage but do not have enough periods of coverage to qualify for pension benefits under the Slovenian pension system, you may be able to qualify for Slovenian pension benefits by totalizing periods of coverage under the Korean and Slovenian pension systems. However, these periods creditable under the Korean national pension scheme, must not coincide with those under the legislation of Slovenia.
- ③ A person who resides in the territory of a Party shall receive equal treatment with nationals of that Party in the application of its legislation regarding entitlement to or payment of benefits.
- ④ Korean lump-sum refunds are granted to nationals of Slovenia 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 | Slovenia |
|---|---|
| (1) National Pension Service (NPS) |
|
