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Pensions: Expatriates

Volume 689: debated on Wednesday 21 February 2007

asked Her Majesty's Government:

How much has been saved in each year for which figures are available as a result of the Social Security Benefits Up-Rating Regulations, which freeze the pensions of some United Kingdom pensioners living overseas. [HL1773]

The information is not available in the format requested. Current estimates are that it would cost approximately £3 billion, in 2007-08, to bring frozen rate pensions up to current levels and to pay all the arrears but would cost around £420 million if arrears are not paid, and this would be ongoing costs which will rise year on year.

asked Her Majesty's Government:

What would be (a) the total annual cost, and (b) the average cost per head of abolishing the Social Security Benefits Up-Rating Regulations which freeze the pensions of some United Kingdom pensioners living overseas. [HL1774]

It would cost around £420 million to bring frozen pensions up to current levels in 2007-08, which would increase year on year. The average cost per head would amount to approximately £800 per pensioner.