On June 30, 2015, Brazil and the United States signed a Totalization Agreement that was internalized in Brazilian legislation through Decree No. 9,422 and enacted on June 25, 2018. From October 1, 2018, the agreement became effective and is applicable in all Brazilian territory.

It is worth keeping in mind that Totalization Agreements are international treaties that aim to guarantee the social security rights to insured individuals and their dependents of the acceding countries. These agreements authorize the counting of the time of contribution of the employees to the Social Security Systems of both countries for the acquisition of social security benefits, such as retirement due to old-age or disability, pension supplement in case of death, in addition to avoiding the double taxation in cases of temporary reassignment.

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Founded in 2001, Tauil & Chequer Advogados is a full service law firm with approximately 90 lawyers and offices in Rio de Janeiro, São Paulo and Vitória. T&C represents local and international businesses on their domestic and cross-border activities and offers clients the full range of legal services including: corporate and M&A; debt and equity capital markets; banking and finance; employment and benefits; environmental; intellectual property; litigation and dispute resolution; restructuring, bankruptcy and insolvency; tax; and real estate. The firm has a particularly strong and longstanding presence in the energy, oil and gas and infrastructure industries as well as with pension and investment funds. In December 2009, T&C entered into an agreement to operate in association with Mayer Brown LLP and become "Tauil & Chequer Advogados in association with Mayer Brown LLP."

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This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.