The text printed in bold refers to provisions of the new social security agreement between the United States and Switzerland, which differ considerably in wording or content from the corresponding provisions of the original social security agreement between the United States and Switzerland, signed on 18 July 1979 and amended on 1 June 1988. Company while you work in Switzerland or if you become employees of the subsidiary of the American company in Switzerland. If you are an employee of a related business, your employer must indicate whether the U.S. company has an agreement with the IRS pursuant to Section 3121(l) of the Internal Revenue Code for the payment of U.S. Social Security taxes for U.S. citizens and residents of the associated business and, if so, the effective date of the agreement. This new Agreement replaces the former Agreement between the United States of America and the Swiss Confederation on Social Security, signed on 18 July 1979, and the Additional Agreement signed on 1 June 1988. Worker. Full benefit at age 65 for men or 64 for women with contributions paid each year since age 21. Early retirement possible one to two years before retirement age.

One year of coverage required. In general, the agreement is similar to other social security agreements concluded by Switzerland and complies with international standards that generally apply to such agreements. The scope of the Convention covers the legislation of both States on old-age insurance, inheritance and invalidity.