TIRANA, Sept 11 /ATA/ – Parliamentary Committee on Legal Issues Public Administration and Human Rights endorsed Monday an agreement on mutual recognition of the pension rights between Albania and Montenegro.
The Deputy Finance Minister Olta Manjani told Committee members that the deal with the neighbouring country envisages recognition of work years, social insurance contribution of citizens from both countries.
According to Manjani, the agreement provides for social insurance benefits and is based on the principle of equal treatment of employees, self-employed people and employers.
Deputy Finance Minister said that data from the National Trade Register show that 69 Montenegrin businesses are active in Albania and data from the Ministry of Interior show that 54 Montenegrin citizens have been granted residence permit in Albania.
“Citizens of both countries will benefit from the agreement. Data show that a total of 513 Albanian citizens currently work and live in Montenegro,” she said.
Albania has already signed deals on mutual recognition of social insurance contributions and pension rights with Hungary, Canada, Türkiye, Belgium, Luxembourg, North Macedonia, Czech Republic, Federal Republic of Germany, Austria and Kosovo. Croatia will soon add up to the list once the agreement on mutual pension rights recognition enters into force.
In the meantime, negotiations are underway to sign agreements on recognition of social insurance contributions with the Netherlands, Romania, Greece, France and Italy.
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