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The new agreement makes life easier for policyholders and companies

Switzerland – England

The new agreement makes life easier for policyholders and companies

After Brexit, the Federal Council approved the new Social Security Agreement between Switzerland and the United Kingdom. It should be used soon.

After Brexit, the Federal Council follows the “Mind-the-Cap” strategy. As part of this, he approved a new Social Security agreement. (Logo image)

Keystone

Until Brexit – that is, when the United Kingdom (UK) left the EU in early 2021 – social security systems in Switzerland and the UK were governed by the Free People’s Movement (FZA) agreement between Switzerland and the European Union. Switzerland and the United Kingdom have negotiated a new bilateral agreement to re-target and comprehensive regulate social security relations. The Federal Social Insurance Office (FSIO) announced Wednesday that it is now approved by the Federal Council.

The parliaments of the two states have yet to ratify the agreement. However, after consultation with the responsible Parliamentary Commissions, it says, the application should be made on a temporary basis.

According to the FSIO, the new agreement will make it easier for insured individuals to have equal access to equal treatment and social security benefits. This avoids high insurance and insurance gaps for people working in both countries. As it says, it will help to temporarily hire workers in other states. In short: the contract makes life easier for policyholders and companies. (Help)