Nothing new. If you retire anywhere other than a handful of countries, of which the Philippines is one, your pension is frozen at the amount you get in your first year of retirement. In 2024-25 that's about £11,500 for the full state pension, retire in Canada for example and that's the maximum you will ever get per annum until the day you die.
I'm not sure if returning to the UK changes the status back so that you get the inflation adjusted increases, I'll try and check.
https://www.ageuk.org.uk/siteassets...ate,about some of things you need to consider. Yes your pension is increased back to the current rate. Paragraph 3
whats to stop the retiree keeping an address in the UK--a relatives house for instance. For postal purposes.
They would have to have the pension paid in the UK to a UK bank account, that would result in them being subject to UK tax law and probably subject to the tax law of their actual country of residence. They would have to be actually living in two countries, and I believe there is a legal requirement to notify the DWP if you have left the country permanently.
i know 2 retired ladies--sisters---who own a flat near where i live--and a flat in cyprus. They spend the summer here--and winter there...that way they get there pensions here--and maintain their entitlement to NHS treatment.
Had I been able to keep working 3 more years that would have been my plan, indeed it's currently what I'm doing except that I don't own any property I'm just renting, but I can't sustain that kind of life I have to choose to live one place or another.
