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-   -   Expat pensions could be frozen post-Brexit (https://britishexpats.com/forum/spain-75/expat-pensions-could-frozen-post-brexit-920001/)

Hornets_Nest Dec 7th 2018 8:50 am

Expat pensions could be frozen post-Brexit
 
Doubt it will come to this .... they will sort something out unless there is a real disagreement between the UK and the EU.

https://www.ftadviser.com/pensions/2...n-post-brexit/

Retired in Euskadi Dec 7th 2018 9:34 am

Re: Expat pensions could be frozen post-Brexit
 
In all the Brexit news, there's mostly "could, might, may, perhaps, if, possibly, likely". I've given up reading about it.
But thanks anyway for the information.

Fred James Dec 7th 2018 9:50 am

Re: Expat pensions could be frozen post-Brexit
 
The Spanish PM has already agreed to a unilateral agreement to match the one recently declared by the UK in the case of No Deal.

calman014 Dec 7th 2018 10:25 am

Re: Expat pensions could be frozen post-Brexit
 
Too many stupid comments and not enough facts..it will all sort itself out one way or another. Life is too short to be worrying about Brexit. Just buy a couple of extra bottles of plonk for over the holidays.

Johncarzx Dec 7th 2018 10:30 am

Re: Expat pensions could be frozen post-Brexit
 
Deal or no deal the whole situation of frozen state pensions applied to UK expats living in many countries is a disgrace and nothing short of thieving. Why should people who paid the same rate of tax as their peers throughout their working lives and then moved abroad in retirement be paid a lower State pension, depending on where they emigrated to?

Loafing Along Dec 7th 2018 11:07 am

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by Johncarzx (Post 12605315)
Deal or no deal the whole situation of frozen state pensions applied to UK expats living in many countries is a disgrace and nothing short of thieving. Why should people who paid the same rate of tax as their peers throughout their working lives and then moved abroad in retirement be paid a lower State pension, depending on where they emigrated to?

:goodpost:

newpower Dec 7th 2018 11:15 am

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by Fred James (Post 12605299)
The Spanish PM has already agreed to a unilateral agreement to match the one recently declared by the UK in the case of No Deal.

So far he hasn't signed anything, so until he does or a deal is made no one knows what will happen.

christmasoompa Dec 7th 2018 11:20 am

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by Johncarzx (Post 12605315)
Why should people who paid the same rate of tax as their peers throughout their working lives and then moved abroad in retirement be paid a lower State pension, depending on where they emigrated to?

It could also be argued the other way, that many of those who have emigrated left the UK when much younger than retirement age and have simply paid the very low voluntary contributions to get a full state pension - why should they be subsidised by those still working in the UK?

scrubbedexpat142 Dec 7th 2018 11:26 am

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by christmasoompa (Post 12605333)
It could also be argued the other way, that many of those who have emigrated left the UK when much younger than retirement age and have simply paid the very low voluntary contributions to get a full state pension - why should they be subsidised by those still working in the UK?

But that can also apply to people who retire early and stay in the UK, so the point still stands.

Loafing Along Dec 7th 2018 12:09 pm

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by christmasoompa (Post 12605333)
It could also be argued the other way, that many of those who have emigrated left the UK when much younger than retirement age and have simply paid the very low voluntary contributions to get a full state pension - why should they be subsidised by those still working in the UK?

If you have paid full contributions you are not being subsidised by people working in the UK, you are receiving back part of what you gave to the State. Surely a case be made for the fact that as one has left the UK you should be entitled to higher pension as you are not utilising any of the services you contributed to and are subsidising others who remain in the UK...
Blew the whole of my £10,- Christmas bonus yesterday :drinkwine:

MidAtlantic Dec 7th 2018 1:43 pm

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by Loafing Along (Post 12605359)
Blew the whole of my £10,- Christmas bonus yesterday :drinkwine:

It's that kind of irresponsible behaviour that gives pensioners a bad name :rofl:

Johncarzx Dec 7th 2018 2:17 pm

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by MidAtlantic (Post 12605436)
It's that kind of irresponsible behaviour that gives pensioners a bad name :rofl:

Quite right £10 all in one go, disgraceful.

Me and Maude use to go to the pictures, call in the pub for a stout, then get fish & chip supper and have change from a shilling.

scrubbedexpat142 Dec 7th 2018 2:19 pm

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by Johncarzx (Post 12605453)
Quite right £10 all in one go, disgraceful.

Me and Maude use to go to the pictures, call in the pub for a stout, then get fish & chip supper and have change from a shilling.

And then you got rumbled and had to start paying!

spouse of scouse Dec 7th 2018 2:21 pm

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by Loafing Along (Post 12605359)
Blew the whole of my £10,- Christmas bonus yesterday :drinkwine:

Bloody spendthift :lol:

bobd22 Dec 8th 2018 8:37 am

Re: Expat pensions could be frozen post-Brexit
 

Originally Posted by christmasoompa (Post 12605333)
It could also be argued the other way, that many of those who have emigrated left the UK when much younger than retirement age and have simply paid the very low voluntary contributions to get a full state pension - why should they be subsidised by those still working in the UK?

The government sets the rate of pay you have to pay in NI towards state pension health care etc. So how is that a low contribution ? You pay what they take out of your pay in the belief (back then) that at 60 female 65 male you would get full state pension. If you paid then you should get what was promised. However many recent changes have allowed government to get out of that promise in various ways. Maybe you are one of the people that believe state pension is a benefit as some in government do? It's not it's a right as we paid in and should get out what we were promised.


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