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crabstix
Joined: 14 Apr 2008
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 Posted: Tue Nov 30, 2010 10:40 pm Post subject: Brits working for SMOE |
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| I know that Americans get their pension money back upon completion of a contract with SMOE. Do you know if brits are entitled to it too? If so, how do you go about claiming it? |
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morrisonhotel
Joined: 18 Jul 2009
Location: Gyeonggi-do
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| Posted: Tue Nov 30, 2010 10:44 pm Post subject: Re: Brits working for SMOE |
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| crabstix wrote: |
| I know that Americans get their pension money back upon completion of a contract with SMOE. Do you know if brits are entitled to it too? If so, how do you go about claiming it? |
No, you don't get it back now. You can get it as part of your pension at 65 if you jump through the necessary hoops. |
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Snowflake
Joined: 12 Dec 2006
Location: Seoul
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| Posted: Wed Dec 01, 2010 4:22 pm Post subject: Re: Brits working for SMOE |
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| morrisonhotel wrote: |
| crabstix wrote: |
| I know that Americans get their pension money back upon completion of a contract with SMOE. Do you know if brits are entitled to it too? If so, how do you go about claiming it? |
No, you don't get it back now. You can get it as part of your pension at 65 if you jump through the necessary hoops. |
This depends on who you talk to at the pensions office. My last email from the head of the international pension centre was a very definite no - nothing we pay here will "count" towards our UK pension. It's dead money people. We can pay voluntary contributions to the UK but we still have to pay here. |
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morrisonhotel
Joined: 18 Jul 2009
Location: Gyeonggi-do
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| Posted: Wed Dec 01, 2010 5:52 pm Post subject: Re: Brits working for SMOE |
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| Snowflake wrote: |
This depends on who you talk to at the pensions office. My last email from the head of the international pension centre was a very definite no - nothing we pay here will "count" towards our UK pension. It's dead money people. We can pay voluntary contributions to the UK but we still have to pay here. |
Sorry, I should have clarified. It is possible, or so I believe, to claim the pension in Korea when you reach 65 (or thereabouts). You're right in regards to who you speak to in the UK pension office. |
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