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Caricom Agreement On Social Security

The reciprocity agreement shall apply to persons in cases where the legislation of more than one of the participating States applies. If you or an insured person are disadvantaged by the application of certain provisions of the Agreement, the competent authorities may, by mutual agreement, grant derogations from the application of this Convention in the interest of the person or persons concerned. This includes diplomats, ship`s staff, voluntary and self-employed contributors and other persons domiciled in countries other than their place of work. The Caricom Convention on Social Security entered into force on 1 April 1997. It protects all rights to long-term benefits by providing for the sum of all contributions paid to the social security institutions concerned in the Member States where a national has previously worked. Suriname is the exception, as it does not have a comparable social security scheme. Actual amount – This is determined by draining the total number of contributions paid in the competent State by the sum of the contributions paid in all participating States and multiplying the ration by the average annual insurable salary. Local amount – This is the amount of the benefit that would have been paid to the claimant under the local laws of the competent state if there had been no mutual agreement. Applications for long-term benefits must be filed with the Social Security Office/NIS in the territory where the applicant has his or her habitual residence or with the body with which he or she is entitled to benefits. . . .