UK to end pensions for overseas spouses

[fred]

There's a lot of similar changes in the pipeline as consulations. Let's wait for the detail. But it's not difficult to imagine what's coming.
Yep, hit those who paid the money into the pot and now have no defence and allow the richest to continue to screw the system and make billions.
How nice

The Aussies have had quite a few pension rule changes over the last few years for guys that have worked all their lives in Australia and have chosen to live overseas..I dont know all the details but I have older friends here that have to go back to Aus at least once a year to avoid large pension reductions..

Here`s how they make things tricky for men and women that have worked and paid in all their lives to just pack their bags,up and leave..

To qualify for an Age pension you must also have been an Australian resident for a total of 10 years, at least five of these in one continuous period. As mentioned, you need to be a resident of Australia at the time the first claim for the age pension. Note that if you have been an expatriate ("former resident") and have been living overseas, the restriction for former residents means that you need to remain in Australia for two years before you can leave and be paid overseas.

For example, if you have lived in Australia for 10 years between the ages of 16 and age pension age, your proportion would be 10/25 multiplied by the normal income and asset tested rate of Age Pension.
Previously, this rate change did not occur untiil a pensioner had been outside Australia for 26 weeks. However, in the 2015 Budget the Government announced that some pensioners will now have their pension rate reduced if they are absent from Australia for more than 6 weeks.

http://www.ozexpats.com/content/aust...nsion-overseas

Many Aussies are more than a bit pissed off with it all.


Actually,I am pleasantly surprised that the UK has not adopted any of these measures or hoops to jump through...YET!
As you already know ,my opinions on the ridiculous UK debt situation and the ability for the country to honour their huge commitments to us (pensions) long into the future.
It may be of little surprise to you and others that I believe that they will have to one day restructure.
Perhaps this latest news is just the thin end of the wedge?
Who knows?
All I know is that I dont trust them!

[jake]

The Aussies have had quite a few pension rule changes over the last few years for guys that have worked all their lives in Australia and have chosen to live overseas..I dont know all the details but I have older friends here that have to go back to Aus at least once a year to avoid large pension reductions..

I had a few schonners with an Ozzie mate earlier and he has to report back every 6 months to receive his pension. All he has to do is go through immigration and it automatically registers him in the country. He can then leave on the next flight out of the country.
For selfish reasons i wish it was every 3 months, as my stocks of Australian made barbecue sauce tend run low!