Ros is a leading authority on later life issues, including pensions, social care and
retirement policy. Numerous major awards have recognised her work to
demystify finance and make pensions work better for people. She was the UK Pensions Minister
from 2015 – 16 and is a member of the House of Lords where she sits as Baroness Altmann of Tottenham.
One thought on “Hard Brexit could deny British expats their pensions”
We only uprate pensions where there are reciprocal agreements or we when we have a legal obligation. So states the U.K. government. U.K. expat pensioners have their pensions uprated because of EU law governed by the free movement of people. When the UK leaves the EU on the 29th March their will be no requirement to uprate the State pensions of the 420,000 U.K. pensioners living in the EU and they will then join the 500,000 U.K. pensioners living in the so call frozen countries. There are currently no reciprocal agreements with the 27 EU states to uprate pensions. But not only does the DWP continually tell us that reciprocal agreements are not arequired when considering uprating, there is also the point that EU citizens retiring to the U.K. already get their uprated pensions paid without the need for reciprocal agreements. Pension uprating is a domestic matter and as such is easily legislated.
I am a pensioner living abroad on a frozen pension. Why?
One thought on “Hard Brexit could deny British expats their pensions”
We only uprate pensions where there are reciprocal agreements or we when we have a legal obligation. So states the U.K. government. U.K. expat pensioners have their pensions uprated because of EU law governed by the free movement of people. When the UK leaves the EU on the 29th March their will be no requirement to uprate the State pensions of the 420,000 U.K. pensioners living in the EU and they will then join the 500,000 U.K. pensioners living in the so call frozen countries. There are currently no reciprocal agreements with the 27 EU states to uprate pensions. But not only does the DWP continually tell us that reciprocal agreements are not arequired when considering uprating, there is also the point that EU citizens retiring to the U.K. already get their uprated pensions paid without the need for reciprocal agreements. Pension uprating is a domestic matter and as such is easily legislated.
I am a pensioner living abroad on a frozen pension. Why?