Boycie Posted November 9, 2014 Share Posted November 9, 2014 Frozen pensions "We do not deserve to be treated so badly by the country we fought for" News story here All very wrong 1 Link to comment
David48 Posted November 9, 2014 Share Posted November 9, 2014 I just read that story ... had to believe ... . Link to comment
Expattaff1308 Posted November 9, 2014 Share Posted November 9, 2014 The International Consortium of British Pensioners (ICBP) ICBP campaigner Anne Puckridge is again highlighted in the UK press in the run up to Remembrance Sunday in the UK. She has spoken to print, radio and television journalists in pursuit of exposing the truth about the impact of frozen pensions. http://www.thisismoney.co.uk/…/SALLY-HAMILTON-Rapids-roses-… Not really that hard to believe...theres a thread already running about Frozen Pensions 1 Link to comment
Daffy D Posted November 9, 2014 Share Posted November 9, 2014 Same for all UK expats who have chosen to retire in Thailand Link to comment
i claudius Posted November 9, 2014 Share Posted November 9, 2014 As I paid in for 48 years why can't I have the full amount? Or if I had known I was going abroad ,why could I not freeze my payments in? Link to comment
evadgib Posted November 9, 2014 Share Posted November 9, 2014 Frozen pensions "We do not deserve to be treated so badly by the country we fought for" News story here All very wrong This is why those in the 'not retired yet' generation need to support the consortium now instead of waiting til they retire. Link to comment
impulse Posted November 9, 2014 Share Posted November 9, 2014 (edited) A pension pound paid to a pensioner living in the UK gets circulated in the UK, supporting the UK economy and creating UK jobs. Probably gets spent (and taxed) 4 or 5 times before it's dissipated. A pension pound paid to a pensioner living elsewhere, doesn't. It just disappears. Gone. So the actual "cost" of a pension pound sent overseas is a lot higher than the "cost" of a pension pound that stays in country. If those were the rules in effect when the decision to move abroad was made, I don't see any blatant unfairness- though it does stink. But lots of rules suck for lots of different classes of people living non-linear lives. If they changed the rules after the fact, that's not fair play. Edited November 9, 2014 by impulse Link to comment
evadgib Posted November 9, 2014 Share Posted November 9, 2014 What about the pounds spent in USA, Phillipines, Israel, The EU & more? It's draconian & it stinks and will inevitably be consigned to the history books under 'Thinks we got wrong in the c20th'. 1 Link to comment
mitsubishi Posted November 9, 2014 Share Posted November 9, 2014 Same for all UK expats who have chosen to retire in Thailand How some of them are keeping their heads above the water is a mystery to me... Link to comment
DarloKnight Posted November 9, 2014 Share Posted November 9, 2014 Frozen pensions "We do not deserve to be treated so badly by the country we fought for" News story here All very wrong This is why those in the 'not retired yet' generation need to support the consortium now instead of waiting til they retire. I can not see there being a state pension when I retire, I think this is why the government fetched in auto enrolment. Link to comment
Boycie Posted November 9, 2014 Author Share Posted November 9, 2014 A pension pound paid to a pensioner living in the UK gets circulated in the UK, supporting the UK economy and creating UK jobs. Probably gets spent (and taxed) 4 or 5 times before it's dissipated. A pension pound paid to a pensioner living elsewhere, doesn't. It just disappears. Gone. So the actual "cost" of a pension pound sent overseas is a lot higher than the "cost" of a pension pound that stays in country. If those were the rules in effect when the decision to move abroad was made, I don't see any blatant unfairness- though it does stink. But lots of rules suck for lots of different classes of people living non-linear lives. If they changed the rules after the fact, that's not fair play. But surely a UK pensioner living abroad is saving the UK money on a list of other benefits that may include doctors/hospital appointments/fees, winter fuel payments, pension credits, housing benefits, council tax reduction, travel concessions, free prescriptions, free tv licence (over 75's) If you choose to retire abroad, upto you, stop all the other benefits which you shouldn't be allowed to claim for (Air Con allowance), including returning for free NHS treatments (which i believe they have done) but UK Government cough up and pay the UK pensioners their full state pension! 1 Link to comment
jacky54 Posted November 10, 2014 Share Posted November 10, 2014 yet they fork out plenty for child benefit for kids who are not and have never been in the UK 1 Link to comment
Popular Post billd766 Posted November 10, 2014 Popular Post Share Posted November 10, 2014 A pension pound paid to a pensioner living in the UK gets circulated in the UK, supporting the UK economy and creating UK jobs. Probably gets spent (and taxed) 4 or 5 times before it's dissipated. A pension pound paid to a pensioner living elsewhere, doesn't. It just disappears. Gone. So the actual "cost" of a pension pound sent overseas is a lot higher than the "cost" of a pension pound that stays in country. If those were the rules in effect when the decision to move abroad was made, I don't see any blatant unfairness- though it does stink. But lots of rules suck for lots of different classes of people living non-linear lives. If they changed the rules after the fact, that's not fair play. But surely a UK pensioner living abroad is saving the UK money on a list of other benefits that may include doctors/hospital appointments/fees, winter fuel payments, pension credits, housing benefits, council tax reduction, travel concessions, free prescriptions, free tv licence (over 75's) If you choose to retire abroad, upto you, stop all the other benefits which you shouldn't be allowed to claim for (Air Con allowance), including returning for free NHS treatments (which i believe they have done) but UK Government cough up and pay the UK pensioners their full state pension! To say nothing of the fact that many pensioners are STILL paying UK tax on the extra pensions that they earned and paid for. The state pension is NOT a benefit. It has been bought and paid for. 4 Link to comment
evadgib Posted November 10, 2014 Share Posted November 10, 2014 Frozen pensions "We do not deserve to be treated so badly by the country we fought for" News story here All very wrong This is why those in the 'not retired yet' generation need to support the consortium now instead of waiting til they retire. I can not see there being a state pension when I retire, I think this is why the government fetched in auto enrolment. If you've already paid your full compliment of NI for your generation I cannot see how they can refuse. Mods: How about merging or closing this thread as we seem to have 2? Link to comment
theoldgit Posted November 11, 2014 Share Posted November 11, 2014 Mods: How about merging or closing this thread as we seem to have 2? Good point, we don't need another thread discussing the same issues, so please continue here uk-pensions/ I'll close this thread. Link to comment
Recommended Posts