India- Australia social security agreement

Q.  India signed social security agreement with which of the following country to avail benefits of pensions?
- Published on 13 Jan 16

a. USA
b. Canada
c. UK
d. Australia

ANSWER: Australia
 
- India signed an agreement with Australia that will give people more freedom to move between Australia and India, knowing their pension rights will be recognized and protected.
- Australian residents living in India will be able to claim the Australian - Age Pension without having to return to Australia, while Indian residents living in Australia will have access to Indian retirement pensions.
- Australia now has 30 international social security agreements around the world to support people living and working in more than one country, including with countries like Austria, Belgium, Canada, Japan, Korea, Spain, Switzerland and the US.
- The Agreement signed in November 2014 came into operation on January 1, 2016.

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