UK STATE PENSION PROPOSED CHANGES

[Prakhonchai Nick]

THE £140 A WEEK STATE PENSION

The Consultation Document is now out. www.dwp.gov.uk/docs/state-pension-21st-century.pdf

The proposed £140 a week pension or more if inflation increases before it is introduced, will not as far as I can see provide more money for anyone.

The 30 years of NI contributions still stands for maximum pension with a minimum of 7 years (currently 1 year!)

No mention of expats in frozen countries.

No mention of a need to be resident in the UK

For those yet to reach pension age, it looks like you will still receive a sate pension at 66+ regardless of living in Thailand.

[nookiebear]

AS my pension isnt due until Sept 2016 I may just get the 'new deal'