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Social Security Contribution waived off for Indians working on short term b

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Social Security Contribution waived off for Indians working on short term b
Answer
10/8/08 6:21 PM
http://in.news.yahoo.com/20/20081008/1416/tnl-india-germany-ink-social-security-pa.html
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Re: Social Security Contribution waived off for Indians working on short te
Answer
10/8/08 7:16 PM as a reply to p s.
Thanks for the good news.

Does anyone know when does this come into force?

Does it have to approved by the German govt./parliament in Berlin?
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Re: Social Security Contribution waived off for Indians working on short te
Answer
10/9/08 10:55 AM as a reply to p s.
I got a response from Delhi Embassy

.......

"the German Federal Parliament and the Council of the Federal States have
to approve the Ino-German Agreement on Social Insurance, after that it
will be effective. I am hopeful that this will happen towards the end of
this year."
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Re: Social Security Contribution waived off for Indians working on short te
Answer
10/9/08 12:39 PM as a reply to p s.
Is Rentenversicherrung called as Social Security Contribution ?

Please clarify which Salary deduction is referred as Social Security Contribution.
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Re: Social Security Contribution waived off for Indians working on short te
Answer
10/9/08 2:23 PM as a reply to p s.
This benefit is only for Indian employees coming to Germany on intra-company transfer.

This way CTC for companies is reduced, but benefit for employees is still the same.

German companies have successfully lobbied in Berlin.
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