Frozen Pensions Leave Expats Struggling
British expats in countries like Thailand continue to suffer under the UK’s frozen pensions policy. Christopher Lee, a former banker now living in Thailand, receives only £137 per week, while pensioners in the UK receive £176.45. More than 450,000 British retirees are affected worldwide, facing rising living costs without inflation adjustments. Despite pleas for reform, the UK government maintains that updating payments would cost nearly £1 billion a year. Many expats feel abandoned after contributing to the national insurance system their entire lives. Campaigners are urging the government to reconsider this long-standing and increasingly burdensome policy.
#FrozenPensions #BritishExpats #RetirementCrisis #UKPolitics #PensionJustice
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