Human Resources and Skills Development Canada

Human Resources and Skills Development Canada

November 01, 2011 14:08 ET

Government of Canada Enters Into New Social Security Agreement With Romania

OTTAWA, ONTARIO--(Marketwire - Nov. 1, 2011) - The Honourable Diane Finley, Minister of Human Resources and Skills Development, announced that effective immediately, Canadians who have lived and worked in Romania and Romanians who have lived and worked in Canada will be eligible to qualify for public pension benefits from either or both countries.

This is the culmination of a Social Security Agreement recently negotiated between Canada and Romania.

"This Agreement demonstrates the spirit of partnership and collaboration between our two countries," said Minister Finley. "It recognizes the valuable contribution Canadians and Romanians have made to society during their working life."

Canada has negotiated 54 international social security agreements, with 53 in effect, including agreements with Romania and Macedonia that come into force today.

This Social Security Agreement between Canada and Romania will help people who have lived or worked both in Canada and in Romania to qualify for old age, retirement, disability, or survivor benefits from both countries. The Agreement applies to Canada's Old Age Security Program and Canada Pension Plan (CPP), as well as to the comparable pension program in Romania.

The Agreement will also result in savings for Canadian companies operating in Romania. Canadian companies will continue to make CPP contributions for employees they send to work in Romania, and will be exempt from making Romanian social security contributions. This translates directly into enhanced competitiveness for Canadian companies operating in Romania. The same is true for Romanian companies operating in Canada.

This news release is available in alternative formats on request.

Backgrounder

The Agreement between Canada and Romania will:

  • reduce restrictions that may prevent Canadians from receiving pension benefits from Romania;

  • reduce restrictions on the payment of Canadian benefits to people residing in Romania;

  • permit the continuity of social security coverage when Canadians are sent to work temporarily in Romania; and

  • make it easier to become eligible for benefits by combining periods of social security coverage in both countries.

Canada has signed 54 international social security agreements. Agreements are in effect with the following 53 countries:

Antigua and Barbuda
Australia
Austria
Barbados
Belgium
Chile
Croatia
Cyprus
Czech Republic
Denmark
Dominica
Estonia
Finland
France
Germany
Greece
Grenada
Hungary
Iceland
Ireland
Israel*
Italy
Jamaica
Japan
Jersey/Guernsey
Korea
Latvia
Lithuania
Luxembourg
Malta
Mexico
Morocco
Netherlands
New Zealand
Norway
Philippines
Poland
Portugal
Republic of Macedonia
Romania
St. Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Slovak Republic
Slovenia
Spain
Sweden
Switzerland
Trinidad and Tobago
Turkey
United Kingdom*
United States
Uruguay

* Limited Agreement that deals only with coverage.

An Agreement has also been signed with the Federative Republic of Brazil, but is not yet in effect.

Contact Information

  • Alyson Queen
    Press Secretary
    Office of Minister Finley
    819-994-2482

    Media Relations Office
    Human Resources and Skills Development Canada
    819-994-5559