Quantcast
31.2 C
United States of America
Thursday, August 5, 2021

State pension triple lock: DWP has ‘no plans’ to remove freeze on pensions for UK expats

Must read

State pension triple lock: DWP has 'no plans' to remove freeze on pensions for UK expats

In December, the Group detailed the Governments from Canada and Australia, two countries with among the highest numbers of excluded British retirees, had submitted damning evidence which condemned the policy.

According to evidence examined within the report, both of these governments have confirmed a readiness and willingness to work with the UK Government to end this policy but emphasis was placed on the fact that the issue can be resolved by UK domestic legislation.

It was highlighted both Canada and Australia provide full state pensions to their pensioners who live in the UK, with the UK being the only country in the OECD to pay their pensioners differently based on where they live.

- Advertisement -

At the time, representatives for the Canadian Government issued the following statement: “Over the years, the Government of Canada has raised, and has sought to address, this issue with the UK, including by proposing the two countries negotiate a comprehensive social security agreement that would provide for the indexation of UK pensions.

Read more
This post originally posted here Daily Express :: Finance Feed

- Advertisement -
State pension triple lock: DWP has 'no plans' to remove freeze on pensions for UK expats
Newslanes Mediahttps://newslanes.com
Newslanes.com is the leading e-news platform for the latest breaking news of world today. We aggregate and gather popular stories, business news, tech releases and much more. The news repository targets everyone after factual and well-researched information from a dedicated global team of news reporters and editors.
- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -

Latest article