Portability of Social Benefits

The Multilateral Social Security Agreement is an instrument for coordinating the Social Security legislation on pensions of the different Ibero-American countries. The Ibero-American Multilateral Agreement on Social Security is a pioneering experiment with the objective of guaranteeing the rights of Ibero-American migrant  workers and their families to a contributory old-age, disability or survivors’ pension within a common area, the Ibero-American Community, formed by 22 countries of Latin America and the Caribbean and the European Union.

Ghana operates a threetier social security system. The first two tiers are mandatory and the third is voluntary. Social security contributions are portable, that is they can be transferred from one social security scheme in one country to that in another country, and are to be paid in respect to both local and expatriate staff. The guidelines issued by the Social Security and National Insurance Trust exempt the following categories of expatriates from contributing to Tier 1: