Frozen British Pensions

#2
I have a 98 year old friend, Brit Pensioner and while I have never asked him directly, I understand his weekly pension is still fixed at his 65 years of age, back in 1968 of £25.

john
Good job his son and daughter look after him.
 
#4
I will be amazed if the state pension still exists in 34 years time when I get around to retirement age.
 
#5
Good old Express. Reporting this as if it's something new. The DWP site has a full list of countries which continue paying the pension rises and which ones don't.
It all depends on whether the country they move to gives their pensioners living in UK the annual rise. If they don't, then UK pays benefits to their citizens and rely on the other country paying benefits to UK citizens otherwise UK would be paying twice.
All EU countries pay the annual increment and most of them did even before UK joined the EU. US citizens living in UK get an annual update on their pensions therefore UK citizens living in the US get the increase.
Canada does not pay Canadians living in the UK an annual update therefore UK citizens living in Canada don't get the increase.
Apart from the EU countries, Brits going to live in one of the following countries will get an increase because of the reciprocal agreement:
  • Barbados
  • Bermuda
  • Bosnia-Herzegovina
  • Jersey
  • Guernsey
  • the Isle of Man
  • Israel
  • Jamaica
  • Kosovo
  • Macedonia
  • Mauritius
  • Montenegro
  • the Philippines
  • Serbia
  • Turkey
  • USA
 

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