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Expats on frozen pensions furious at newly-announced changes
| Published: | 11 Feb at 6 PM |
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Expats living in countries where their UK state pensions are frozen are reacting furiously to the latest discriminatory statement by the British government.
News that the state pension paid to retirees living in the UK will rise by around £1,000 by the year 2020 has reignited the debate in expat destinations from Australia to Canada via Southeast Asia and over 100 other countries which do not have a reciprocal agreement with the UK. Fresh hope is being given to UK pensioners, leaving many thousands abroad to manage as best they can.
The new pension laws and the political consensus now forming will ensure that UK resident retirees will receive increases every year, either in line with inflation, matching average wage increases or at 2.5 per cent, whichever is higher. This ‘triple lock’ guarantee will be a plank of next year’s general election manifestos.
The immorality of the latest move isn’t lost on the members and chairmen of the various overseas organisations fighting for parity for all UK pensioners, no matter where they're living. Jim Tilley of British Pensions in Australia Inc told the press that the unequal treatment of British pensioners living outside the EU and USA is blatant discrimination and totally against British core values.
The £20 per week increase which the move will add to UK residents’ pension over the next several years.This amount would almost double the pensions of expats who left the UK some years ago and who are struggling to survive at the present moment.
In a press release, Prime Minister David Cameron again rolled out his statement that he wants pensioners to know that security and dignity in old age is their entitlement. Overseas pensioners struggling to exist on as little as £20 per week may well disagree with his stance, his statement and his lack of common decency.
News that the state pension paid to retirees living in the UK will rise by around £1,000 by the year 2020 has reignited the debate in expat destinations from Australia to Canada via Southeast Asia and over 100 other countries which do not have a reciprocal agreement with the UK. Fresh hope is being given to UK pensioners, leaving many thousands abroad to manage as best they can.
The new pension laws and the political consensus now forming will ensure that UK resident retirees will receive increases every year, either in line with inflation, matching average wage increases or at 2.5 per cent, whichever is higher. This ‘triple lock’ guarantee will be a plank of next year’s general election manifestos.
The immorality of the latest move isn’t lost on the members and chairmen of the various overseas organisations fighting for parity for all UK pensioners, no matter where they're living. Jim Tilley of British Pensions in Australia Inc told the press that the unequal treatment of British pensioners living outside the EU and USA is blatant discrimination and totally against British core values.
The £20 per week increase which the move will add to UK residents’ pension over the next several years.This amount would almost double the pensions of expats who left the UK some years ago and who are struggling to survive at the present moment.
In a press release, Prime Minister David Cameron again rolled out his statement that he wants pensioners to know that security and dignity in old age is their entitlement. Overseas pensioners struggling to exist on as little as £20 per week may well disagree with his stance, his statement and his lack of common decency.
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