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EU and UK Pension
Shazzaeu
Posts: 1 Newbie
If you receive a pension from an EU country at 62, then at 67 in 2028, apply for the UK state pension , are they paid independently of each other? I wondered if UK would deduct anything as it would be over and above the UK full pension. Or would it be paid separately?. I have 28 years in UK so I meet the requirements.
If separate it means I would have above the full amount of pension in UK which would be nice but don't want to be disappointed when the time comes 😊
If separate it means I would have above the full amount of pension in UK which would be nice but don't want to be disappointed when the time comes 😊
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Comments
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Have you checked on the government website to see how much pension you are projected to get? Is there a similar thing for the EU country that you can check?
The two would be paid separately but you would be liable for tax on your total income0 -
The two pensions are completely separate and there will be no deduction in the UK for anything payable by an EU country. It is one of the few remaining benefits to having worked in the EU.
Have you thought about paying voluntary UK NI to potentially get the max UK pension in addition to your EU one?
Have you looked at the double taxation agreement to see who gets the tax on your pensions? It is probably your country of residence but may not be. For instance, a German state pension received by a UK resident is taxable only in Germany (and vice verse for a German resident receiving a UK state pension).0
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