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The Age gap and Pensions. ( When we reach our Expiry date)

Discussion in 'Expat Section' started by Jack Peterson, Jun 8, 2015.

  1. nwlivewire

    nwlivewire DI Senior Member Showcase Reviewer Blood Donor Veteran Army Navy

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    Dear Jack:

    It looks like the UK nation pension plan is similar to the US national pension plan in how it will qualify foreign spouses as being eligible for secondary benefits from the primary workers/retiree claim.

    Although there are many specific nuances under which a foreign spouse could qualify for spousal benefits, the US also has a five-year rule - yet another level and layer that is placed on top of all the other criteria/nuances needed to qualify for spousal/secondary eligibility.

    This is why I mentioned the other nations in my above posting.

    Should the UK also have something similar to this US "five year rule", then it may be possible to have a work-around for spousal benefit coverage - if planned in advance. Currently, the PI and the US SSA do NOT have an agreement of coverage. But, the US SSA DOES have agreements with certain other nations whereby the foreign spouse could POSSIBLY qualify for eligibility of spousal benefits under current laws that regulate these secondary benefits and agreements in force with these certain other nations.

    These days, I can see this becoming a real pain in the butt. It will require strategic planning and "planting of flags" BEFORE the qualified primary worker becomes eligible for national retirement benefits. And it will require the foreign spouse to have an independent "flag" planted in certain nations, too - especially if the foreign spouse has not spent enough time in and/or worked and paid enough income tax credits into the primary retiree's home nation pension system.

    It will be interesting to see how this works for you Jack with the new rules your home nation is about to enact.

    I hope for a favorable outcome!

    But for all the younger married out there with a foreign spouse, this is something that may have an impact on your foreign spouse, and you have time to plan accordingly.

    nwlivewire
     
  2. OP
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    Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    .

    News Today from the UK DWP (Dept of Works and Pensions) is that my award made in 2013 will stand and all Criteria Met at that time is Still being met and therefore No Changes can be made to that Award. My Wife's Widows Pension will stand at the rate it was set at in 2013 and will be awarded to her at about 80% of my Current award providing she meets the Criteria set out, in that we had Lived Together as Husband and Wife until I die and that she remains unmarried on Application for the Benefit and if she does marry ( And they can now Check Via NSO) she must give up the benefit. Even Cohabitation.

    Yesterday I was Informed that as my Private Pension was Awarded prior to 2016, the 18 year gap between us was accepted by the Trustees of the pension in 2013 and therefore Stands. So here sits one happy Chappy.

    As I said at the Start, with some countries raising the retirement age, many will now not be able to claim their pension for 2/3 more years so will fall foul of these new rules.

    I believe that in 2016 the UK will take the age then to 70. Goodness me they get you all ways.:facepalm:

    JP:cautious:

    ps I am waiting now for some clarification on her SSS paid here by my Wife as this may have a bearing on the Reciprocal SS Agreement the UK has with the RP
     
  3. PatO

    PatO DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Marines

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    Is your UK pension and SSS taxable?
     
  4. nwlivewire

    nwlivewire DI Senior Member Showcase Reviewer Blood Donor Veteran Army Navy

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    Sounds like everything turned out OK.

    I am glad to read this!

    And by the sounds of what you have posted, there are changes coming soon for those who have yet to claim their benefit - let alone the spousal secondary benefit.
    It will be incumbent upon all those who have yet to retire or file for this benefit to read and understand these changes.

    And then plan accordingly or end up with a fly in your ointment.

    Government programs are becoming way more restrictive as to who qualifies and when and under what conditions.

    Like an old truck driver boss said to me once, "You gotta know the road and the load. And expect detours and know what to do."

    Think there's a bit of truth in that for damned near anything.

    Jack, glad to read things worked out so far for you and the Mrs.

    WHEW!

    V/R,
    nwlivewire
     
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  5. Mogo51

    Mogo51 DI Member

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    Can they do that Jack, if you have an agreement when you took out the pension? You should look at the legalities of that.

    Edit by Admin: Closed the BB Quote tag.
     
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    Last edited by a moderator: Jun 15, 2015
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    Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    They have done it and it is not so much an Agreement as a a Regulation. which on Going back to the Original Award it does quite clearly State that certain things may change without notice but we will be informed to these Changes. This is what has Happened.

    JP :bag:
     
  7. nwlivewire

    nwlivewire DI Senior Member Showcase Reviewer Blood Donor Veteran Army Navy

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    Sounds like what the government can do and get away with.

    If this were a corporate pension, different rules would apply.
     
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    Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    This particular one is a Corporate, Fine print says it all. Hook line and Sinker
     
  9. nwlivewire

    nwlivewire DI Senior Member Showcase Reviewer Blood Donor Veteran Army Navy

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    WOW!

    This world is just getting almost too much!

    I shake my head every day at what's happening.

    I sure hope you are "grandfathered in" on all the rest of your pensions.

    Sometimes I wonder why even print the contract paper if the fine print gives companies and governments the "OUT"?

    nwlivewire
     
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  10. OP
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    Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    Is it though? When sign up for stuff like Windows for example, we agree to the terms and conditions at that time. Then they reserve the right to amend those terms and conditions. Which they do. So in a nut shell every one does it and we have to go along with it, or not use the Service, Me I cant live without my pensions So
    What do you Do? My savings are all in the House as with most people. Messing with our Providers is just not worth the Hassle and Remembering of Course that if the Pot runs Dry, who do I sue? They have already told me I am now safe on the Age( 18 years has been accepted) thing of my Wife so, just the new applications need to worry. As from April 2016 10 years will be the limit.

    JP:bag: :smile: