The dice is loaded against Indian H1-B visa holders
April 29, 2009
Now that the US government has tightened, screws on H1-B visa holders through TARP rules, its time to once again raise demand for repatriation of their social security deductions even if India does not have a bilateral treaty with the US on this.
It is a tad sad that the dice on the issue of social security deductions continues to be so heavily loaded against the India H1-B visa holders at the moment. They pay taxes but draw no social security retirement benefits in the US or even on there return in India. A totalization agreement with the Indian government as mooted at Doha meeting has still not materialized.
H1-B visa holders, it needs to be mentioned can work in the US for a maximum of six years, whereas to draw social security benefits from their US account, a worker has to out in a minimum of 10 years in the US. The only exemption is for workers who have been paying into their country’s Social Security system, however India still does not have such a system in place.
Meanwhile, the US at the moment has totalitarian agreements only with workers from 21 countries and talks are underway with a few others, including India. No one knows how long US social security money is going be available, but at present Indians working in H1-B are not eligible to get the social security benefits.
Several H1B visa holders are already laid off and may not even come back to US. What will happen to their social security contributions?
Why the media is only reporting H1-B workers taking away the jobs from US workers?