Question about UK state pension !
Hi Everyone, new member here! Will be moving to Melbourne in March on a salary of around $80 000 - $90 000. Don't know what sort of lifestyle I can expect on that amount but i'm single and will be coming out alone.
But my question is this! Does anyone know if you can still pay into the UK state pension scheme if you emigrate ? To reap the full benefits of the pension you need to continuously pay into it until you reach 65. I would like the security of knowing I would recieve a full state pension in old age! Thanks! |
Re: Question about UK state pension !
I'm pretty sure you can; you should call the Department in Newcastle to make sure. I don't know how old you are now but you can get a pension forecast from them and they will tell you how to make up any shortfall.
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Re: Question about UK state pension !
Originally Posted by Dr Spock
(Post 5717597)
Hi Everyone, new member here! Will be moving to Melbourne in March on a salary of around $80 000 - $90 000. Don't know what sort of lifestyle I can expect on that amount but i'm single and will be coming out alone.
But my question is this! Does anyone know if you can still pay into the UK state pension scheme if you emigrate ? To reap the full benefits of the pension you need to continuously pay into it until you reach 65. I would like the security of knowing I would recieve a full state pension in old age! Thanks! 11 yrs gets you around 25% of the pension.there is no cost of living increase when you start drawing the pension. IE if you retired today and the pension is 80 quid then you get 80 quid a week for the rest of your life,unless you go to the UK on holiday,then you will get fll pension for your period in the UK. Under present rules the 80 quid could reduce your means tested OZ pension,centrelink web site will give you details of income/asets tests for the OZ pension. |
Re: Question about UK state pension !
Originally Posted by geordie downunder
(Post 5719007)
then you get 80 quid a week for the rest of your life,unless you go to the UK on holiday,then you will get fll pension for your period in the UK. U |
Re: Question about UK state pension !
Originally Posted by lesleys
(Post 5719031)
...Or any other country where it isn't frozen, eg EU, USA, Bermuda
A pay rise if you go on holiday to the US,do the DHSS need proof? I suppose they would have no reason to disallow it if they pay it when on holiday in the UK. Sadly for me and the cook thesame applies to Thailand,no cost of living increases. Thanks. |
Re: Question about UK state pension !
Sorry I was wrong about USA and Bermuda, correct list here
http://www.britishpensions.org.au/pe...nes_index2.htm See 'Rights while travelling' |
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