The Government on Wednesday approved a draft law to ratify the Moldova-Germany Social Security Agreement, which was signed on 12 January 2017 in Chisinau.

The Agreement was signed under Article 12 of the European Social Charter. It will ensure a framework of social security guarantees for the migrants working or residing in the territory of either party.

The Agreement applies to employees, self-employed workers, posted workers and the diplomatic corps.

Under the Agreement, beneficiaries will enjoy age pensions, pensions and benefits for disabilities caused by common illnesses or work-related injuries, and survivor’s pensions.

As is the European practice with bilateral social security agreements, each country will calculate the amounts due proportionally to the insured periods in the respective country. The benefits will be paid in the country of residence.

Moldova has bilateral social security agreements signed with 13 states, including 12 EU member countries and Turkey. 11 are successfully implemented.