Political Quotes

Bill Clinton: Social Security Agreement May 17, 1996 To the Congress of the United States: Pursuant to section 233(e)(1) of the Social…

On the recordMay 17, 1996
Social Security Agreement May 17, 1996 To the Congress of the United States: Pursuant to section 233(e)(1) of the Social Security Act, as amended by the Social Security Amendments of 1977 (Public Law 95-216, 42 U.S.C. 433(e)(1)), I transmit herewith the Supplementary Agreement Amending the Agreement Between the United States of America and the Republic of Austria on Social Security (the ``Supplementary Agreement''). The Supplementary Agreement, signed at Vienna on October 5, 1995, is intended to modify certain provisions of the original United States- Austria Social Security Agreement, signed July 13, 1990. The United States-Austria Social Security Agreement is similar in objective to the social security agreements with Belgium, Canada, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, The Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Such bilateral agreements provide for limited coordination between the United States and foreign social security systems to eliminate dual social security coverage and taxation, and to help prevent the loss of benefit protection that can occur when workers divide their careers between two countries. The Supplementary Agreement, which would amend the 1990 Agreement to update and clarify several of its provisions, is necessitated by changes that have occurred in U.S. and Austrian law in recent years.…
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Bill Clinton
Democratic · Arkansas

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