If you are a Canadian citizen planning to work in Norway or a Norwegian citizen who wants to work in Canada, understanding the social security agreement between the two countries is crucial. The social security agreement between Canada and Norway provides for the coordination of benefits and the protection of social security rights for workers who move between the two countries.
The agreement covers social security contributions, pensions, disability benefits, and survivor benefits. It ensures that people who have worked in both countries receive credit for their contributions and can access the benefits they’ve earned.
Under the agreement, people who have worked in both Canada and Norway may be eligible for a pro-rata pension. This means that the pension amount will be based on the contributions made in both countries. The agreement also provides for the payment of disability benefits if a person becomes disabled while working in the other country.
The social security agreement between Canada and Norway also helps avoid double social security taxation. This means that if you work in both countries, you won’t be taxed twice on your social security contributions. Instead, your contributions will be combined and taxed appropriately.
If you are a Canadian citizen planning to work in Norway or a Norwegian citizen planning to work in Canada, it’s important to understand how the social security agreement between the two countries works. You can find more information on the Canadian government website or the Norwegian government website.
In conclusion, the social security agreement between Canada and Norway is an important protection for workers who move between the two countries. It ensures that workers receive credit for their contributions, can access benefits they’ve earned, and avoid double taxation. Understanding the agreement is crucial if you are considering working in either Canada or Norway.