UK Pension in NZ
I was already aware of this but does anyone know the reason why?
The UK has social security agreements with Canada and New Zealand, but you cannot get a yearly increase in your UK State Pension if you live in either of those countries. |
Re: UK Pension in NZ
Originally Posted by Reylan
(Post 12603188)
I was already aware of this but does anyone know the reason why?
The UK has social security agreements with Canada and New Zealand, but you cannot get a yearly increase in your UK State Pension if you live in either of those countries. The Uk Gov was taken to court over this and sadly the Court upheld the Uk gov position. There will be a lot on google to find out more |
Re: UK Pension in NZ
Its due to the Reciprocal rights between the two Countries (UK/NZ). Under the Social Security agreement, pensioners have the choice to collect a pension from the local country. For example, if you are from the UK, and live in NZ, you can elect to receive your pension from the NZ Government and the NZ Government will pay you the NZ Superannuation payment, which does increase annually. Any payment due from the UK State Pension is paid to the NZ Govt instead (it helps to offset the Govts costs). You will then be in the same or a better position than a 'frozen' UK state pension. :)
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Re: UK Pension in NZ
Originally Posted by chc4me
(Post 12603593)
Its due to the Reciprocal rights between the two Countries (UK/NZ). Under the Social Security agreement, pensioners have the choice to collect a pension from the local country. For example, if you are from the UK, and live in NZ, you can elect to receive your pension from the NZ Government and the NZ Government will pay you the NZ Superannuation payment, which does increase annually. Any payment due from the UK State Pension is paid to the NZ Govt instead (it helps to offset the Govts costs). You will then be in the same or a better position than a 'frozen' UK state pension. :)
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Re: UK Pension in NZ
I was one of many members of a South-African based group who took legal action against the UK Governement. It went as far as the House of Lords. The Government won. Our pensioners' Group lost. Were we surprised ? No. "You can't fight City Hall !"
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Re: UK Pension in NZ
Originally Posted by scot47
(Post 12603864)
I was one of many members of a South-African based group who took legal action against the UK Government. It went as far as the House of Lords. The Government won. Our pensioners' Group lost. Were we surprised ? No. "You can't fight City Hall !"
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