Advantage Austria Show navigation

Albania and austria sign agreement on recognition of insurance contributions

25. January 2017

Minister Klosi described the agreement as an achievement in the succession of deals with other agreements, adding that Vienna will support the Pact of Social Welfare.

The governments of Albania and Austria have signed an agreement on recognition of insurance contributions.
Minister of Social Welfare and Youth , Blendi Klosi, hosted on Wednesday an Austrian delegation chaired by Federal Minister of Labor, Social Affairs and Consumer Protection, Alois Stöger. The two ministers signed an agreement on recognition of pension contributions and afterwards appeared at a joint a news briefing.

Minister Klosi described this agreement as an achievement in the succession of deals with other agreements adding that Vienna will support the Pact of Social Welfare.
“Vienna will encourage the transformation of services in Albania. Austria is a supporter of Social Welfare Pact,” Klosi stated. Minister Klosi went on saying: The newly-signed agreement on social protection between Albania and Austria consists in integrating the social security benefits and is based on equal treatment of employees in employment, treatment and benefits from these activities.
Klosi confirmed that work is well underway to link agreements with countries which have a high concentration of Albanians, such as Greece, Italy and Canada.


For his part, Austrian Minister Alois Stöger said: Through this agreement on social security, our countries will get much closer. Signing an agreement on social security is in the interest of Austrian parties and I hope it will be in your interest too, because economic cooperation is ramped up in this way. The agreement provides a solid legal basis for relations between the two countries in the social security sector and includes all contributions within the scope of insurance area. It also contains data protection and provides for strict rules on fight against fraud. In this way, the Albanian and Austrian citizens are provided with an inclusive social support.


Austria adds to the list of countries with which Albania has concluded agreements on pension contributions recognition such as Germany, Belgium, Luxembourg, Hungary, the Czech Republic, Romania and Macedonia.

print
©©ADVANTAGE AUSTRIA