Will expats benefit from increase in pensions?
UK will increase state pensions and benefits in line with inflation
Will Hunt's pension hike filter through to expats in the Balearics? | TOLGA AKMEN
Palma17/11/2022 14:44
Jeremy Hunt said today that he would raise state retirement and welfare benefits payments in line with inflation.
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SaraJust to clarify my previous comment. To my knowledge the Brexit deal stipulated that increases to expat pensions would increase as before, i.e. the same as in the UK. But what do you mean by “lost out”…”because of the pandemic”? Why should that affect pension increases? Any why “many” expats but not “all”? A very confusing paragraph. Maybe some other reader knows the answer if Humphrey is unable to clarify. (I ask this for a friend, not for myself)
It remains to be seen and received before any correct comment can be made on this article.
“….but many expats who receive UK state pensions lost out on the triple lock promise because of the pandemic.” Could you please clarify that comment Humphrey? The pandemic? Or Brexit? Thank you