Taking Oz pension to U.K.
#1
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Location: Adelaide
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Taking Oz pension to U.K.
Can you still receive your Oz pension if returning to live in the U.K. permentely ?
#2
Re: Taking Oz pension to U.K.
Edit - I just had a nose around your previous posts, and from the info there I'm assuming you already receive the age pension. In that case, yes you can still get it in the UK. You need to let Centrelink know that you're leaving the country permanently, in some cases the amount you receive may reduce, ie if you get any pension related allowances they'll stop, you'll only receive the basic pension amount. I'm not sure if Centrelink will pay it directly into an overseas bank account, but in any case you may be better off leaving an Aussie bank account open transferring the money over yourself. Depends what exchange rate Centrelink use.
Not sure if you know, but over 60s get their prescriptions free and you also should be eligible for free travel on buses/trains. Best of luck if you're moving back. My Brit husband (67) and I (Aussie, 58) moved over last year. I'm loving it, husband's taking a bit longer to settle.
Last edited by spouse of scouse; Oct 13th 2016 at 11:50 pm.
#3
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Re: Taking Oz pension to U.K.
I have sent you a P.M.
#4
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Re: Taking Oz pension to U.K.
You need to advise Centrelink that you are leaving the country, and will receive a reduced Australian age pension in the UK. Also depending on your assets, they might require you to buy property rather than rent. This has happened to me, and of course the sum you receive will depend on the exchange rate. Mine dropped since I returned, but has been increasing since the Brexit referendum. Unfortunately it is still lower than 4 1/2 years ago.
#5
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Re: Taking Oz pension to U.K.
You need to advise Centrelink that you are leaving the country, and will receive a reduced Australian age pension in the UK. Also depending on your assets, they might require you to buy property rather than rent. This has happened to me, and of course the sum you receive will depend on the exchange rate. Mine dropped since I returned, but has been increasing since the Brexit referendum. Unfortunately it is still lower than 4 1/2 years ago.
Cheers Mary