Joshua Parfitt
THE UK government has announced it will continue to uprate the UK State Pension paid to people living in the EU each year for the next 3 years.
The State Pension has already been uprated in the EU for the year April 2019 to March 2020.
But the government is now committed to uprating the UK State Pension paid to those living in the EU until March 2023 – in the event that the UK leaves the EU without a deal.
The government plans to negotiate an agreement with the EU to make sure UK State Pensions will continue to be uprated, according to a statement issued today.
The UK basic and new State Pension is uprated by either 2.5%, average wage growth or by prices growth as measured by the Consumer Price Index – whichever is highest.
British Consul Charmaine Arbouin said: “From the many outreach events that we have held across Spain and the Facebook live sessions that we’ve done for UK nationals, we know that the uprating of pensions is an issue of great concern to many people living here.
“I hope that the news will provide reassurance that their pensions will continue to rise.”
There is no need for individuals to take any action unless your circumstances change between now and 31 October, in which case you should contact the office that pays your pension or benefit to let them know.
Yet another project fear shot down in flames.
Last month when I said the original story was “Fake News” or project fear I was told I did not know what I was talking about.
I bet he is not going to respond to this article.
“I hope that the news will provide reassurance that their pensions will continue to rise.”
In a Word NO. What happens after 2023!!!
This is a nightmare. They are only guaranteeing a U.K. Pension uprate for 3 years. The Government says that “During this 3-year period the U.K. Government plans to negotiate a new arrangement with the EU to ensure that the uprating continues”. However, there is nothing to stop the U.K. Government independently deciding to continue to uprate the U.K. State Pension indefinitely, regardless of what happens with Brexit. They do not need to negotiate this with the EU.
The “promise” is absurd. Firstly, the EU has absolutely no say in the payment of British state pensions. The promise from the mendacious Tory rabble is a pie-crust – designed to be broken. The present administration in the UK may not even last the week out. The blond buffoon has so far been blocked at every turn, he couldn’t run a whelk stall, never mind guaranteeing pensions. If the clown really does succeed in crashing out on the 31st. and then wins a general election on the strength of it, then all bets are off the table and anybody but the wealthiest can put their heads between their legs and kiss their a*** goodbye.
So it would be wise not to hope for anything beyond next April, let alone believing everything’s cool ’till 2023.
As they say in Lancashire “just watch out, they’ll tell you owt”