Quote Originally Posted by stevewool View Post
Watching the news tonight and it was said that IF we came out of Europe and you was living in Spain, you may have to come back to England ,
The reason , well IF you was on a pension IT could be frozen , or IF the pound drops against the Euro your pension would be reduce,
What about some of our members living outside Europe would your pension be frozen IF we pulled out of Europe, yes i do know that if the pound drops everything else seems to drop too,
The value of UK pensions is always variable according to exchange rates anyway. So no change on that.
Whether of not any annual cost of living increases in the state pension continues or gets frozen will depend on how the lawyers and the courts finally apply the Vienna Convention.
Just how long those processes will take is anyone's guess.