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State Pension and Brexit

Currently I live in Malaysia, which is outside of the EU. I therefore get a reduced State Pension and no increments. Does anyone know what will happen to people of Pensionable living in the EU after Brexit. Will they be moved to a similar scheme as we who live outside of the EU.

We were considering moving to the EU so this would be good information to have.

Comments

  • Currently I live in Malaysia, which is outside of the EU. I therefore get a reduced State Pension and no increments. Does anyone know what will happen to people of Pensionable living in the EU after Brexit. Will they be moved to a similar scheme as we who live outside of the EU.

    We were considering moving to the EU so this would be good information to have.

    Noöne knows.
    Thus the old Gentleman ended his Harangue. The People heard it, and approved the Doctrine, and immediately practised the Contrary, just as if it had been a common Sermon; for the Vendue opened ...
    THE WAY TO WEALTH, Benjamin Franklin, 1758 AD
  • p00hsticks
    p00hsticks Posts: 14,961 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It's not just the EU, it's any country that has a reciprical agreement with the UK (so includes, for example, the USA)

    https://www.gov.uk/government/publications/state-pensions-annual-increases-if-you-live-abroad/countries-where-we-pay-an-annual-increase-in-the-state-pension

    As Father Abraham says, at present no-one knows what sort of agreement (if any) the UK will arrange with the EU.
  • Keep an eye on:
    https://www.gov.uk/guidance/advice-for-british-nationals-travelling-and-living-in-europe

    There's quite a lot on the 'Citizen's Rights Agreement', including access to 'healthcare, pensions and other benefits' and residency status requirements (and we know, for example, that Nigel Lawson has applied for residency in France).

    You can also sign up for email updates:
    https://www.gov.uk/email-signup/?topic=/government/brexit

    Those of us with family members who have spent a few years working in other EU/EEA states are also very concerned about continuing pension eligibility.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Consider moving back to the uk first and get your pension uprated before leaving again?
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    I'd imagine that the arrangement with any country that's currently a member of the EU would be the same as it is with any other foreign country, and that this would work both ways (i.e. also for pensioners from other countries living in the UK) as it does now with other countries. I don't know why it should be any different.
  • Alter_ego
    Alter_ego Posts: 3,842 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sapphire wrote: »
    I'd imagine that the arrangement with any country that's currently a member of the EU would be the same as it is with any other foreign country, and that this would work both ways (i.e. also for pensioners from other countries living in the UK) as it does now with other countries. I don't know why it should be any different.

    Yes but reciprocal agreements trump your imagination.
    I am not a cat (But my friend is)
  • atush wrote: »
    Consider moving back to the uk first and get your pension uprated before leaving again?

    Yes, the situation could be complicated by the OP's current residency, but time is rather tight!

    https://www.gov.uk/guidance/advice-for-british-nationals-travelling-and-living-in-europe

    A few extracts (as of last update on 30th July 2018 - my underlining):
    Progress in the Negotiations - Citizens’ Rights Agreement

    The Prime Minister has been clear that safeguarding the rights of UK nationals in the EU and EU citizens living in the UK was her first priority for the negotiations. This is a commitment that we have delivered.

    The UK government has reached an agreement with the European Union on citizens’ rights in negotiations on the UK’s withdrawal from the EU. This will provide certainty about the future of UK nationals and their families living in the EU. Most importantly, it will allow UK nationals to stay in their Member State of residence after the UK leaves the EU on 29 March 2019.

    In December, we reached an agreement with the European Commission on citizens’ rights. On 19 December, the Prime Minister wrote to UK nationals living in Europe with details of the agreement reached with the Commission in the first phase of the negotiations.

    On 19 March 2018, we reached a further agreement with the Commission on the terms of a time-limited implementation period that will start on 30 March 2019 and last until 31 December 2020. This means that all UK nationals lawfully residing in another EU Member State on 31 December 2020 will be covered by the citizens’ rights agreement reached in December.
    Agreement so far on the rights of UK nationals in the EU

    The UK and EU Commission have so far agreed that:

    UK nationals and their family members covered by the agreement will continue to have the same access as they currently do to healthcare, pensions and other benefits.
    UK nationals and their family members covered by the agreement will be able to leave their Member State of residence for up to 5 years without losing their right to return.
    The UK and EU Commission have also agreed that:

    EU27 Member States may require UK nationals and their family members covered by the agreement to apply for a residency document or status conferring the right of residence.

    etc
    etc
    etc

    There is a lot more for the OP to read, with links to policy papers, Prime Minister's letter to UK nationals living in Europe and so on....
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