Author Topic: Brexit / expat pensions  (Read 347 times)

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Offline Maik

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Brexit / expat pensions
« on: Sunday, 24 February, 2019 @ 17:49:38 »
Brexit: What would it mean for UK pensioners living in Europe?

If you are entitled to a UK state pension, you can claim it wherever you live in the world.

If you live in the UK, your state pension is uprated every year in line with the triple lock, which means it rises by whichever is highest of average earnings, inflation or 2.5%.

That is also the case if you live in the 27 other EU countries as well as Iceland, Liechtenstein, Norway and Switzerland.

If Theresa May's withdrawal agreement goes through, uprating will continue in those countries.

The government has said that if the UK leaves the EU without a deal, it will continue to uprate state pension payments to people living in those countries in 2019 and 2020.

In later years...