Ibero-American Multilateral Agreement on Social Security

The Ibero-American Multilateral Agreement on Social Security will provide social security benefits to immigrant workers in signatory countries. The Agreement aims to ensure pension minimum coverage to 611 million people. Currently countries who have signed Bolivia, Brazil, Chile, Ecuador, El Salvador, Spain, Paraguay, Portugal and Uruguay. On May 1, the Agreement entered into force in Spain, Brazil and Bolivia allowing workers in these three countries benefit from the agreement. Complete note here.