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da_moler
Joined: 11 Nov 2006
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 Posted: Wed Jan 05, 2011 8:29 am Post subject: Pension for UK citizens |
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Hi all,
I'm wondering if anyone from the UK has ever managed to get anywhere with the pension problem. UK citizens aren't entitled to the pension refund, or, as I understand it, to ever claim the pension. However, I have heard that there is a way of having your Korean payments count towards your UK state pension. Has anyone heard of this ever actually happening?
Also, once one marries a Korean, can one then claim the pension, or does nothing change?
Thanks for any advice on this. |
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cj1976
Joined: 26 Oct 2005
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| Posted: Wed Jan 05, 2011 3:06 pm Post subject: |
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| Things may have changed since I last looked into this, but as far as I know we don't see any money back until retirement age. |
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da_moler
Joined: 11 Nov 2006
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| Posted: Wed Jan 05, 2011 3:28 pm Post subject: |
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| cj1976 wrote: |
| Things may have changed since I last looked into this, but as far as I know we don't see any money back until retirement age. |
So we do get it after retirement age? |
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morrisonhotel
Joined: 18 Jul 2009
Location: Gyeonggi-do
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| Posted: Wed Jan 05, 2011 3:38 pm Post subject: |
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| da_moler wrote: |
| cj1976 wrote: |
| Things may have changed since I last looked into this, but as far as I know we don't see any money back until retirement age. |
So we do get it after retirement age? |
If you jump through the necessary hoops. |
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cj1976
Joined: 26 Oct 2005
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morrisonhotel
Joined: 18 Jul 2009
Location: Gyeonggi-do
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| Posted: Wed Jan 05, 2011 4:05 pm Post subject: |
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Jesus. A bit of lobbying is in order! |
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chellovek
Joined: 29 Feb 2008
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| Posted: Wed Jan 05, 2011 4:18 pm Post subject: |
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| Yes I'm wondering the same thing. However, I heard retirement was going to be abolished sometime after the next budget so don't worry yourself. |
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morrisonhotel
Joined: 18 Jul 2009
Location: Gyeonggi-do
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| Posted: Wed Jan 05, 2011 4:44 pm Post subject: |
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| chellovek wrote: |
| Yes I'm wondering the same thing. However, I heard retirement was going to be abolished sometime after the next budget so don't worry yourself. |
I wouldn't put it past Osbourne. |
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daxdefranco
Joined: 04 Jul 2009
Location: chipyeong-dong, gwangju
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| Posted: Thu Jan 20, 2011 5:14 am Post subject: exception - claiming private pension as a Brit |
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I'm a Brit working at a university and have been put on a private pension this year (this enables them to get out of giving severance pay apparently). I'm going to be leaving my current job next month and called the pension office to see if I could claim a lump sum. Apparently I can! I pressed them for quite a while and they were quite adamant that my nationality only matters in the case of state pension.
In the end I suppose it's just what I would have got in severance from another job, but still.. maybe other Brits could exploit it more. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Thu Jan 20, 2011 5:17 am Post subject: Re: exception - claiming private pension as a Brit |
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| daxdefranco wrote: |
I'm a Brit working at a university and have been put on a private pension this year (this enables them to get out of giving severance pay apparently). I'm going to be leaving my current job next month and called the pension office to see if I could claim a lump sum. Apparently I can! I pressed them for quite a while and they were quite adamant that my nationality only matters in the case of state pension.
In the end I suppose it's just what I would have got in severance from another job, but still.. maybe other Brits could exploit it more. |
Private pensions are NOT an option for most (labor law).
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