Coming into force
The Ibero-American Multilateral Agreement on Social Security is an instrument for coordinating the Social Security legislation on pensions of the different Ibero-American States that ratify it and also sign the Implementation Agreement.
The Ibero-American Multilateral Agreement on Social Security was signed on 10 November 2007. It entered into force on 1 May 2011, following ratification by seven States. However, for the entry into force in the States Parties that have ratified it, it is necessary for those States Parties to sign the Implementing Agreement that develops it.
So far, the two conditions outlined in the previous section have been met by Spain, Argentina, Bolivia, Brazil, Chile, Colombia, El Salvador, Ecuador, Paraguay, Peru, Portugal, Uruguay and the Dominican Republic. In Spain and Bolivia the Convention is effective from 1 May 2011, in Brazil from 19 May 2011, in Ecuador from 20 June 2011, in Chile from 1 September 2011, in Uruguay from 1 October 2011, in Paraguay from 28 October 2011, in El Salvador from 17 November 2012, in Portugal from 21 July 2014, in Argentina from 1 August 2016, in Peru from 20 October 2016, in the Dominican Republic from 14 July 2020 and in Colombia from 1 August 2023.
If there are bilateral social security conventions between two States Parties, the provisions which are more favourable to the person concerned shall apply. In the case of Spain, there are bilateral agreements with Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Uruguay, Peru and the Dominican Republic.
The texts of the Ibero-American Multilateral Agreement on Social Security and its Implementing Agreement have been published in the Official State Gazzette of on 8 January 2011.