Future Survival - Pensions in Oz
Jul 13th 2004, 6:27 am
#1
Keeping Busy
Thread Starter
Joined: Feb 2004
Location: East of Eden?
Posts: 1,215
Future Survival - Pensions in Oz
I think this has been mentioned before, but think it's worth mentioning again.
UK citizens going to Oz don't get pension increases from the UK Government Pension.
See this link:-
http://www.britishpensions.org.au/ma...vote_count.htm
UK citizens going to Oz don't get pension increases from the UK Government Pension.
See this link:-
http://www.britishpensions.org.au/ma...vote_count.htm
Jul 13th 2004, 7:34 am
#2
Just Joined
Joined: Apr 2004
Location: NSW ex Cheshire
Posts: 21
... unless the House of Lords change the position. Case to be heard next year.
Jul 13th 2004, 8:39 am
#3
Crazy Cat Lady
Joined: Apr 2004
Posts: 65,493
Re: Future Survival - Pensions in Oz
Originally posted by arnie2oz
I think this has been mentioned before, but think it's worth mentioning again.
UK citizens going to Oz don't get pension increases from the UK Government Pension.
See this link:-
http://www.britishpensions.org.au/ma...vote_count.htm
I think this has been mentioned before, but think it's worth mentioning again.
UK citizens going to Oz don't get pension increases from the UK Government Pension.
See this link:-
http://www.britishpensions.org.au/ma...vote_count.htm
Personally don't think any uk citizens will get pension increases - if anyone gets anything at all it will be a miracle!
Jul 13th 2004, 7:31 pm
#4
Retired
Joined: Apr 2004
Posts: 34,649
Re: Future Survival - Pensions in Oz
Anyone planning to live solely on the UK basic state pension is heading for a poverty stricken retirement, even *with* inflation linking.
Private and company UK pensions are *not* affected by this issue. I don't know about SERPS.
Jeremy
Private and company UK pensions are *not* affected by this issue. I don't know about SERPS.
Jeremy
Originally posted by arnie2oz
I think this has been mentioned before, but think it's worth mentioning again.
UK citizens going to Oz don't get pension increases from the UK Government Pension.
See this link:-
http://www.britishpensions.org.au/ma...vote_count.htm
I think this has been mentioned before, but think it's worth mentioning again.
UK citizens going to Oz don't get pension increases from the UK Government Pension.
See this link:-
http://www.britishpensions.org.au/ma...vote_count.htm
Jul 13th 2004, 8:41 pm
#5
Lost in BE Cyberspace
Joined: Mar 2003
Posts: 9,397
>>Private and company UK pensions are *not* affected by this issue. I don't know about SERPS.<<
Not true!
A final salary pension taken from a company which has "opted out" will have part of the indexing also witheld. That part which is the minimum guarantee.
I would be delighted if anyone can authoritatively show me to be wrong!
Not true!
A final salary pension taken from a company which has "opted out" will have part of the indexing also witheld. That part which is the minimum guarantee.
I would be delighted if anyone can authoritatively show me to be wrong!
