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ARTICLE 18

Pensions, Life Annuity and Social Security Benefits

(1) Subject to the provisions of paragraph (2) of Article 19 of this Convention, the pensions and other such remunerations, paid to a resident of a Contracting State for a prior job, shall be taxable only in that State. This provision shall also apply to the life annuity income paid to a resident of a Contracting State.

(2) The pension, life annuity income and other similar periodic or occasional remuneration paid by a Contracting State or one of its political or administrative sub-divisions to insure personnel accidents shall be taxable only in that State.

(3) Notwithstanding the provisions of paragraph (1) of this Convention, the pensions and other remuneration paid in compliance with the laws on social security of a Contracting State shall be taxable only in that State.