PENSION FACT SHEET 7
Issued on behalf of British Age Pensioner
Alliance, these Fact Sheets support the 20 year
story of the fight for
PARITY by 540,500 UK State Pensioners. Why should they be deprived of
annual indexation of their pensions because they live in certain countries
while another 565,000,living in other countries, are not ?
Giving to the system
Fact: The Opposition has stressed the need for people to give to the
system rather than take from it. They have mentioned the need for people to
work and pay for their retirement rather than live on benefits. This means
that someone who has worked all their life and made National Insurance
Contributions has paid in full for an uprated pension.
For example a person who contributes can look forward to an uprated state
pension in the UK, USA or Israel.
Fact: Unfortunately had they gone to live in Australia, Canada or Pakistan, for
example, they would not receive annual uprating but have their pension
frozen for life.
Fact: It does not make sense and is unfair to uprate pensions for half
the pensioners abroad but not for the other half when all have paid their
contributions. The additional annual cost is only about 0.7% of the existing
state pension expenditure or around 1% of the balance of contributions
remaining in the National Insurance Fund.
Please note that this only applies in proportion to the number of years in
which contributions have been made. Only full contributions earn a full