Due to a historic policy, half a million pensioners are missing out on thousands due to them through the state pension. The UK Government will only increase state pension payments to individuals living in certain countries, and living anywhere else will see one’s sum frozen at the rate it was when they left.
Canada and New Zealand are not included in the final category.
The frozen rates have divided Britons, with some arguing that people who leave a country should not expect to keep receiving its benefits.
Others note that moving internationally is not a light-hearted choice, with some pensioners leaving to be closer to their remaining family.
One Express.co.uk reader shared their personal experience with frozen pensions after moving to Thailand.
DONT MISS:
Expattaffy1 said: “My state pension was capped at £71, 18 years ago.”
For comparison, Expatden recommends a budget of 35,000 baht (approximately £812) per month to live in Bangkok, Pattaya, and Hua Hin.
This calculates to roughly £203 per week, more than double Expattaffy1’s state pension income.
Luckily,…
