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Benefits included in the Agreement
General Information
The Agreement applies to the following benefits:
For Spain:
To the following contributory benefits from the Social Security System:
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Economic benefits for maternity
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Benefits for disability, old age, death and survival.
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Financial benefits arising from work-related injuries and occupational diseases.
For Argentina:
To the legislation regarding these contributive benefits from the Social Security System:
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The Family Allowances scheme, solely for the Maternity Allowance.
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The Retirement and Pensions schemes based on the Distribution System or on individual Capitalisation
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The Risks at Work scheme.
For these benefits, you must be aware that:
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To get the contributive benefits included in the Agreement, periods of insurance fulfilled in Spain and Argentina can be added together, if they do not overlap.
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Contributive economic benefits can be collected regardless of whether the interested party is resident or is currently in Spain or Argentina.
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Each country pays its own benefits directly to the recipient.
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Those who meet the requirements of the legislation of both countries to be entitled to a contributive pension can collect it from both.
Maternity
For the granting of these benefits, the accredited periods of insurance in both countries will be added together, if necessary.
Disability, Old Age and Survival
1. Spanish Social Security pensions and retirement and pensions from the Argentinian distribution system. Each country will examine each application for benefits separately in the following way:
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It will check that the interested party is entitled to the benefit, taking into account only its own periods of insurance, not those of the other country.
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Also, it will calculate the benefit by adding together its own periods of insurance and those of the other country. In this case, the benefit will not be for the whole amount but a proportion of the periods of insurance in the country granting it and the sum of the periods for Spain and Argentina.
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The benefits calculated as shown in the previous sections will be compared and each country will recognise and pay the benefit that favours the interested party.
2. Retirement and pensions from the Argentinian individual capitalisation system:
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Those affiliated to a Retirement and Pension Fund Administration are entitled to benefits taken out of the accumulated balance of their individual capitalisation account.
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These benefits will be added to the benefits from the Argentinean Public Welfare or Distribution Schemes, if they meet the requirements set forth in Argentinean legislation.
Work-related Injuries and Occupational Disease
The benefit will be determined by the country whose legislation the worker is subject to on the date when the accident occurred or the disease was contracted.
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