#52026XX02295Rates for Currency Conversion for Social Security of Migrant Workers
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This regulation provides the currency conversion rates used for social security calculations for migrant workers in the EU. The conversion rates are based on data from January 2026 and will apply from April to June 2026. This affects social security payments and benefits of migrant workers across various EU countries.
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Key Changes
- Introduction of conversion rates for social security purposes
- Rates based on January 2026 exchange data
- Applicable from April to June 2026
Obligations
What this law requires
The Administrative Commission on Social Security for Migrant Workers must publish the rates for the conversion of currencies in the second Official Journal of the European Union (C series) of February, May, August, and November.
Social security administrators must use the official conversion rates for currencies based on data from January 2026 to calculate social security payments accurately during the application period of April, May, and June 2026.
Social security professionals must apply the updated currency conversion rates from the rates published in the Official Journal of the European Union for calculating payments from 1 April 2026.
The European Commission must calculate and determine the rate for the conversion into a currency of amounts denominated in another currency based on the monthly average of reference rates of exchange published by the European Central Bank.
Conversion rates based on the month of January must be applied for social security payments and benefits from April to June of that same calendar year.