[Congressional Record (Bound Edition), Volume 146 (2000), Part 6]
[House]
[Page 8716]
[From the U.S. Government Publishing Office, www.gpo.gov]



  AGREEMENT BETWEEN THE UNITED STATES OF AMERICA AND THE REPUBLIC OF 
  KOREA ON SOCIAL SECURITY--MESSAGE FROM THE PRESIDENT OF THE UNITED 
                      STATES (H. DOC. NO. 106-243)

  The SPEAKER pro tempore laid before the House the following message 
from the President of the United States; which was read and, together 
with the accompanying papers, without objection, referred to the 
Committee on Ways and Means and ordered to be printed:

To the Congress of the United States:
  Pursuant to section 233(e)(1) of the Social Security Act, as amended 
by the Social Security Amendments of 1977 (Public Law 95-216, 42 U.S.C. 
433(e)(1)) (the ``Act''), I transmit herewith the Agreement Between the 
United States of America and the Republic of Korea on Social Security, 
which consists of two separate instruments: a principal agreement and 
an administrative arrangement. The Agreement was signed at Washington 
on March 13, 2000.
  The United States-Korean Agreement is similar in objective to the 
social security agreements already in force with Austria, Belgium, 
Canada, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, 
the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the 
United Kingdom. Such bilateral agreements provide for limited 
coordination between the United States and foreign social security 
systems to eliminate dual social security coverage and taxation and to 
help prevent the loss of benefit protection that can occur when workers 
divide their careers between two countries. The United States-Korean 
Agreement contains all provisions mandated by section 233 and other 
provisions that I deem appropriate to carry out the purposes of section 
233, pursuant to section 233(c)(4) of the Act.
  I also transmit for the information of the Congress a report prepared 
by the Social Security Administration explaining the key points of the 
Agreement, along with a paragraph-by-paragraph of the provisions of the 
principal agreement and the related administrative arrangement. Annexed 
to this report is the report required by section 233(e)(1) of the 
Social Security Act, a report on the effect of the Agreement on income 
and expenditures of the U.S. Social Security program and the number of 
individuals affected by the Agreement. The Department of State and the 
Social Security Administration have recommended the Agreement and 
related documents to me.
                                                  William J. Clinton.  
The White House, May 22, 2000.

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