The outcome of Brexit negotiations could mean UK pensioners are left worse off in terms of state pension entitlement if they have failed to bank 10 'qualifying years' in the UK but have worked elsewhere in the EU, a paper has warned.
The House of Commons Library briefing paper Brexit and State Pensions said until the UK formally leaves the EU, the existing social security rules will continue to apply and entitlements will remain unchanged. However, the situation could be different after the UK exits. Upon exiting the EU, the pension entitlements of UK citizens will be up for negotiation. Rather than benefit from the reciprocal agreement the UK has as an EU member, UK pensioners could be out of pocket if a successful deal isn't struck between the two, the paper warned. The International Consortium of British Pe...
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