Pension entitlement

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carl01
Posts: 14
Joined: Fri Sep 08, 2017 11:14 am

Pension entitlement

Post by carl01 » Tue Apr 09, 2019 8:46 am

Hello,
Having recently turned 50, I'm beginning to wonder about my UK pension entitlement (for the first time ever).
I have spent nearly my whole adult life working abroad (not always in the EU) with only a couple of years actually working in the UK.
My question is, does anyone know how many years of (EU) contributions I need for basic UK pension entitlement?
Many thanks if anyone has the latest info - what I've seen online is unclear and contradictory.

jen
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Location: Shropshire formerly Tala

Re: Pension entitlement

Post by jen » Tue Apr 09, 2019 9:00 am


galexinda
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Location: Paphos

Re: Pension entitlement

Post by galexinda » Tue Apr 09, 2019 2:37 pm

When I checked this just over a year ago I was told that only UK NI contributions would count towards a UK state pension and that as I had worked in other countries then I would have to check with each country to see if I had made enough contributions to qualify for that country's pension. EG I worked in Cyprus for 4 years but that was not long enough to qualify for a Cypriot pension. Quite annoying that payments cannot be transferred to one central fund as it would make a huge difference to the pro rata UK State payment I will actually eventually receive!

carl01
Posts: 14
Joined: Fri Sep 08, 2017 11:14 am

Re: Pension entitlement

Post by carl01 » Tue Apr 09, 2019 6:29 pm

Thanks for taking the time to reply - looks like I can't rely on the UK but might have a shout for a Cyprus pension as I've been self-employed here a while, and the quarterly contributions are pretty hefty.

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PhotoLady
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Re: Pension entitlement

Post by PhotoLady » Tue Apr 09, 2019 9:27 pm

I keep telling myself to check with the Overseas branch of the DWP in UK as I worked for just under 12yrs whilst in Cyprus and paid into the Social Insurance Fund so I should be entitled to something.
I already had 29 years of NI contributions in UK so although I may not get the full UK pension (SERPS contracted out as well), I'm hoping there will be something from Cyprus to add to mine.
It is I, LeClerc :lol:

gazzaga
Posts: 22
Joined: Thu Mar 16, 2017 8:24 am

Re: Pension entitlement

Post by gazzaga » Wed Apr 10, 2019 9:06 am

Hi All

I looked into this a few years ago. I have worked for 20 years in UK, 3 years in Jersey and now 15 years in Cyprus (as a financial adviser - so I understand pensions).

Only UK contributions count toward a UK pension. It is possible to pay UK pension contributions from abroad and you should look at the relevant website to establish how. I have been paying UK pension contributions for about 6 years and I paid up some unpaid years in bulk.

In Cyprus you need to work for 12 (possibly now 15) years to qualify for a pension. If you have worked in other EU countries, you will qualify for a Cyprus Pension in less years (3 I seem to remember). This means if you've worked for several years in UK (and paid NI contributions) you can claim a Cyprys pension. There are various rules about how to claim these pensions at retirement age and I'll look into that in about 10 years.

Hope this helps.

Garry

carl01
Posts: 14
Joined: Fri Sep 08, 2017 11:14 am

Re: Pension entitlement

Post by carl01 » Wed Apr 10, 2019 11:05 am

Thanks Garry for taking the time to reply, that helps a lot. I've worked in Germany as well as the UK, so if I hang around here long enough perhaps I'll qualify for at least something.
Best wishes.

gazzaga
Posts: 22
Joined: Thu Mar 16, 2017 8:24 am

Re: Pension entitlement

Post by gazzaga » Wed Apr 10, 2019 6:52 pm

You can get a pension forecast from the UK online these days (you may need to register) to give you an idea what you will receive from there. I turned 50 recently and it does focus your attention on the future :-)

If you need anything more specisfic or personal, ping me a PM.

galexinda
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Location: Paphos

Re: Pension entitlement

Post by galexinda » Thu Apr 11, 2019 3:47 pm

If you've worked in several EU countries, you may have accumulated pension rights in each of them.

You'll have to apply to the pension authority in the country where you're living or you last worked. If you've never worked in the country where you're living, your host country will forward your claim to the one you last worked in. That country is then responsible for processing your claim and bringing together records of your contributions from all the countries you worked in.

More information: https://europa.eu/youreurope/citizens/w ... dex_en.htm

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