State Pension In Different Countries – Check Else Your Pension Freezes

Countries that are under social security agreement with UK have different arrangements for State Pension payments. Below information could help to understand these arrangements:

1. State Pension Payment In Barbados

Effective from April 1, 1992, the UK State Pension in Barbados is paid at the same rate as it would have been if you were in UK. Before this date, you have your pension either at a rate when you left UK or at the rate when you first got entitled to State Pension (whichever is later).

If you are a Barbadian working in UK, same rule is applied for pension payment. You should have sufficient insurance contributions in each country’s plan to satisfy the contribution condition and to qualify for the pension payment from each country. In case you do not have insurance, your Barbadian insurance can be treated as UK insurance.

2. State Pension Payment In Bermuda

If you are an ordinary resident of Bermuda, you are entitled to UK State Pension at the same rate as any other pensioner residing in UK. For Bermudans working in UK, same rule applies. You should have sufficient insurance contributions in each country’s plan to satisfy the contribution conditions to qualify for the pension payment from each country. In case you do not have insurances, your Bermudan insurance can be treated as UK insurance.

3. State Pension Payment In Canada

There are arrangements to get UK State Pension in Canada but if you cease to live as an ordinary resident in UK, you will not get the annual raise and have a frozen pension at a rate when you left UK or when you first got pension entitlement if you were already residing in Canada at that time.

Periods of your residence in Canada can be considered to decide your entitlement to the UK State pension if you satisfy the following conditions:

1. Irrespective of your gender, your age must be over 65 years

2. You must not be collecting Canadian Old Age Security pension

3. You must not be living in Canada for twenty years and more since 18 years of your age

4. You must qualify the test of residence in UK

If you currently do not qualify for all the above conditions, you can make another claim later when you think you satisfy all the conditions.

4. State Pension Payment In Israel

UK state Pensions are paid in Israel at the same rate as in UK. If you possess adequate insurance in each country to fulfill the contribution conditions, you can get pension from each of the countries. If you do not encompass adequate insurance, your Israel insurance can be treated as UK insurance.

5. State Pension Payment In Jamaica

UK State Pensioners residing in Jamaica get the same rate of payments as pensioners in UK. Any pensions before this date do not get annual increases. If you are a resident of Jamaica working in UK, same rules are applied. If you possess adequate insurance in each country to fulfill the contribution condition, you can get pension from each of the countries. If you do not encompass adequate insurance, your Jamaican insurance can be treated as UK insurance.

Post a Comment

Your email is kept private. Required fields are marked *