Exchange of Diplomatic Notes for the Entry into Force of the Agreement between Japan and the Slovak Republic on Social Security
1. Diplomatic notes for the entry into force of "the Agreement between Japan and the Slovak Republic on Social Security (hereinafter referred to as “Agreement”) " (signed on January 30, 2017) were exchanged on April 18, 2019 in Bratislava. With this exchange, this Agreement will enter into force on July 1, 2019.
2. As for employees temporarily sent from Japan to the Slovak Republic as well as those temporarily sent from the Slovak Republic to Japan, there are currently problems such as being subject to compulsory coverage under the pension systems of both countries, causing dual payment of pension contribution in both countries. Under this Agreement, which is aimed at solving such problems, those employees temporarily sent from either country to the other will be covered in principle, only by the pension system of the former country until the expiration of a period of five years. This Agreement will also enable those employees to establish eligibility to receive pension benefits in each country by totalizing the periods of the coverage of both countries.
3. It is expected that the entry into force of the Agreement will reduce the burden imposed on companies and employees and further promote people-to-people and economic exchanges between Japan and the Slovak Republic.