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State Pension: UK Citizens Living Overseas

Volume 745: debated on Monday 5 February 2024

14. What recent assessment he has made of the potential cost of restoring parity in the level of state pension received by UK citizens living overseas. (901334)

According to the latest estimate, based on data from March 2022, uprating the state pension where we do not currently do so would cost about £0.9 billion a year if all UK state pensions in payment were increased to current UK levels.

Following our withdrawal from the EU, we are rightly able to move closer to our partners in the Commonwealth. One way in which we could do that would be to confirm that all British citizens who live in the Commonwealth should be entitled to the appropriate uprating of their state pensions as if they were still in the UK. That would seem to be a matter of simple fairness. Will the Minister meet me to discuss the practicalities of making it happen, and restoring some much-needed common sense to a needlessly complicated situation?

The UK Government continue to uprate state pensions when there is a legal requirement for that to be done, and have no plans to change their long-standing policy or enter into new reciprocal social security agreements.