Can your pension follow you across borders? Is India moving closer to cross border retirement benefits?
Cooperation areas
Source: Business Today | Original Published At: 2026-06-26 03:40:01 UTC
Key Points
- India hosted a high-level BRICS workshop on labour mobility, population ageing and pension resilience under its BRICS Presidency 2026.
- The virtual workshop brought together pension regulators, financial supervisors and policymakers from BRICS countries to discuss retirement savings protection.
- Discussions covered Social Security Agreements, pension benefit portability, totalisation of contribution periods, and interoperable pension databases.
- India has signed Social Security Agreements with over 20 countries including Brazil, but pension portability remains limited globally due to different regulatory frameworks.
- The workshop focused on developing resilient pension systems addressing rising life expectancy, changing employment patterns and increasing international labour mobility.
- Participants explored digital infrastructure and institutional cooperation to simplify cross-border pension administration.
- No new cross-border pension framework was announced, but the workshop underscored growing BRICS interest in expanding cooperation on retirement security.