10.22.1.20 General Principles of the Agreement with Korea
General principles
The Agreement with Korea is a shared responsibility agreement that helps people to qualify for benefits that they might not otherwise get, and conforms to Australia's shared responsibility agreements by:
- allowing people to lodge claims for benefits in Australia and Korea,
- allowing people to totalise to meet minimum residence qualifications for Australian benefits and to meet minimum insurance requirements for Korean benefits,
- overcoming citizenship restrictions on the payment of Korean benefits in Australia contained in Korean domestic legislation,
- allowing agreement benefits to be paid in Australia and Korea,
- prescribing the payment of Australian benefits inside and outside Australia, and
- arranging administrative cooperation between Australian and Korea.
Act reference: SS(IntAgree)Act Schedule 21 Republic of Korea