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Forum: USA
Dec 12th 2016, 11:53 pm
Replies: 1,632
Views: 358,465
Posted By ybcohn

Re: UK state pension and USA social security

The Pension Service states that using their International Pensions Direct Payment service entails "competitive exchange rates" (e.g. when converting £ to $ and then sending the funds to a bank in the...
Forum: USA
Nov 25th 2016, 1:04 pm
Replies: 1,632
Views: 358,465
Posted By ybcohn

Re: UK state pension and USA social security

I understand that the maximum WEP reduction is 50%, but what percentage are people seeing in practice? (I can't answer for myself, as am not yet taking USA SS.)
Forum: USA
Nov 25th 2016, 3:20 am
Replies: 1,632
Views: 358,465
Posted By ybcohn

Re: UK state pension and USA social security

It seems, based on an old FT article, that years worked in the usa can over-rule the 10 year minimum in the uk. In other words, having worked in the uk for 6 years, I could have received 6/35 of the...
Forum: USA
Nov 24th 2016, 12:46 pm
Replies: 1,632
Views: 358,465
Posted By ybcohn

Re: UK state pension and USA social security

Thanks! I think I'd been told (by Pensions in Wolverhampton?) that SS years can make up the difference for the purposes of getting the UK pension, in a situation where one doesn't have the minimum !0...
Forum: USA
Nov 24th 2016, 12:31 am
Replies: 1,632
Views: 358,465
Posted By ybcohn

Re: UK state pension and USA social security

I have paid in 10 years of voluntary NICs (class 2) to bring my total to 16 years. I turned 65 in June, and intend to take a UK pension now and defer claiming the USA pension till age 70. Will my 20...
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