Democrats Abroad Japan Social Security Seminar April 19, 2007

"Ever wonder how you'll be able to claim your Social Security benefits after having worked in Japan and paid into the Japanese Social Security system?"

Democrats Abroad Japan Presentation: United States/Japan Social Security Totalization Agreement

DATE: April 19 (Thursday), Starts 7:30pm
VENUE: Temple University Japan (check www.demsjapan.jp for exact room # closer to the event date)
COST: JPY1,000 donation requested to pay room charge and to benefit DAJ Get out the Vote efforts
REGISTRATION AND CANCELLATION DEADLINE: April 17 (Tuesday), Seating limited to 80 people
TO REGISTER: Reply to this email -with your full name and if you will be brining any guests
SPEAKERS: Tetsuya Fujimoto and Yasutake Hirano, Pricewaterhouse Coopers

email rsvp to [email protected]

Event Overview:

On February 20, 2004, the governments of Japan and the United States entered into a Social Security "totalization" agreement. The Agreement started in 2005 and serves two primary purposes:

1. Eliminate dual Social Security taxation that occurs when a worker from one country works in another country and is required to pay Social Security taxes to both countries on the same earnings. As a result of exisiting totalization agreements (with other countries), US workers and employers currently are saving about $800 million annually in foreign taxes that they do not have to pay.

2. Help fill gaps in benefit protection for workers who have divided their careers between the US and another country, but who have not worked long enough in one or both countries to qualify for Social Security benefits. With totalization, workers are allowed to combine work credits from both countries to qualify for Social Security benefits. the benefit amount paid is proportional to the amount of credits earned in the paying country.

The presentation will provide a brief overview of Japanese Social Security. We hope this event will provide useful information to Americans who have been working in Japan and paying into the Japanese Social Security system. The speakers will provide details and some examples of how benefits would be applied for a variety of different types of Americans in Japan (short-term residents, medium-term residents and long-term residents) and the extent of coverage the Americans can expect.

Following the presentation, there will be time for Questions and Answers.

Please remember to email us to register.
email rsvp to [email protected]

Official Website: http://www.demsjapan.jp