Ireland-US Bilateral Agreement on Social Security: What You Need to Know
Social Security is an essential aspect of welfare that ensures that citizens of a country who are retired, disabled, or have lost a breadwinner can receive financial assistance. The United States has entered into many bilateral agreements with other countries worldwide, ensuring that its citizens and those of other countries can benefit from Social Security programs irrespective of their residence or citizenship. One of these agreements is the Ireland-US Bilateral Agreement on Social Security.
The Ireland-US Bilateral Agreement on Social Security is a treaty between the United States and Ireland. This agreement ensures that citizens who have paid Social Security taxes in both countries can benefit from certain social security benefits. The agreement covers retirement, disability, and survivors` benefits, and it also allows U.S. citizens and Irish nationals to establish entitlement to benefits based on combined or partial coverage records.
Citizens of Ireland and the United States who work and pay into their home country`s social security system are protected under the bilateral agreement. This means that their social security benefits earned from the work history in each respective country are added together, resulting in more significant social security protection, depending on their circumstances.
For example, if an Irish national has lived and worked in the United States and earned credits on the US Social Security system, the United States will consider their Irish Social Security credits in calculating the entitlements and amount payable from Social Security. The same applies to U.S. citizens who have lived and worked in Ireland and have Irish Social Security credits.
Under the terms of the bilateral agreement, citizens from either country who have accumulated the required number of credits can get the following benefits:
Retirement benefits are payable to people who have accumulated 40 credits or more. The exact amount of the benefit depends on the number of credits a person has earned and when they start receiving the benefit.
To qualify for disability benefits, a person must be considered disabled and have earned at least 20 credits. The exact amount of the benefit depends on the person`s earnings history.
Survivors` benefits are payable to a surviving spouse or child if they have earned enough credits. The amount of the benefit payable depends on the earnings history of the deceased spouse.
In conclusion, the Ireland-US Bilateral Agreement on Social Security is an essential treaty that protects the Social Security benefits of citizens from both countries who have worked and paid into their respective countries` social security systems. The agreement provides a framework for the coordination of social security systems between Ireland and the United States, ensuring that citizens who have lived and worked in both countries can benefit from social security programs. If you`re an Irish national or a U.S. citizen who has lived and worked in Ireland or the United States, it is essential to understand how the agreement works to ensure that you receive the Social Security benefits you`re entitled to.