If you’re a British expat it’s easy to let the State Pension fall off your radar. In fact, most expats simply accept that periods abroad will result in gaps in their contribution record and write their State Pension off.
There are more than 500,000 retired Britons overseas, who are losing out as a result of the UK’s “frozen” policy on State Pension payments. In the UK, pensioners benefit from something known as the “triple lock”. As a result of this, State Pension payments increase by the greater of two-and-a-half per cent, price inflation or average wage growth. This means that State Pension payments retain their worth as time goes on.
