pension
How Recent Changes Pension Rules Will Affect British ExpatriatesTerry Hunter & Christopher Spiers 22.03.2011 | Pattaya British Pensioners Meet to Tackle GovernmentLes Edmonds 07.09.2010 |
Pattaya Group Takes on British GovernmentVisith Pinpawong 30.07.2010 | Pattaya Brits Left FrozenChris Stanley 21.06.2010 |
Over half a million British ex-pat pensioners are now being deprived of their entitlement to annual increases to their state old-age pensions due to new British government regulations with many of these living in Pattaya and throughout Thailand. Many others are receiving the increases by stating that they are still residing in Britain when they are actually living abroad, however they are committing fraud by doing this and the British government is set to crackdown on these people which could lead to people losing their pensions altogether. | Mention pensions to a British expat and you are sure to start a conversation mired in controversy and anger. But to put all this into context consider the move recently by the French government to raise the retirement age for its citizens from 60 to 62. Greece too is being forced to revisit its retirement and benefit package whilst it struggles to survive. Even in the USA, company, state and federal employee pension benefits are coming under pressure as the economic situation at all levels deteriorates. With almost all the socialist European governments facing major debt problems, this move by the French may be only the tip of the iceberg for pensioners living abroad. Pensions, especially those for people who have chosen to live outside their home country are an easy target for government savings in a time of crisis. Recipients in this category are in a minority and are not "at home" to complain. Although the plea we publish below is for British Expats, maybe as time passes there will be more expat pensioner groups who will have a sabre to rattle. |
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