BRICS nations keen on multilateral social security framework
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Last Updated: May 13, 2021, 01:51 PM IST
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Synopsis
The multilateral social security framework would help international workers to avoid double contributions in a cluster of such nations.
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The representatives of BRICS nations have expressed willingness to have a multilateral social security framework in order to safeguard workers' rights. The Social Security Agreement will help the international workers to port their benefit to their home countries thereby preventing loss of their hard earned money. Further they are exempted from contributing (towards social security schemes) both in home as well as host countries.