MOD Pension
 

Just a thought, but can anyone confirm that my RAF pension will still be indexed linked if I go to live abroad ?
I know the OAP is not at the moment ,though apparently there are thoughts to link it in the future but not to backdate the change.

Err, just a thought, why don't you ask the pension provider?

PM

Maybe because it is a bank holiday weekend and RHKAAF thought someone on here may be helpful :rolleyes:

I live in Australia now any my RAF pension isn't index linked - sorry.

State and Service pensions both UK-Index-Linked in Jersey. Both paid free of UK tax, and taxed here instead.

We are a bit of an oddity, though ... A Crown Dependency, not part of the UK and happily not in the EU.

Your RAF pension should be index linked, but not your UK State Pension.

Y_G

Index linking of OAP depends on country of emigration, for instance Canada no and USA yes. Similarly OZ and NZ no, but EU etc is yes.

I am not sure about the Caribbean Islands (ex Colonies) but I think they are OK as the index linked policy is based on reciprocity.

http://www.thisismoney.co.uk/money/p...-overseas.html

http://britishexpats.com/forum/austr...nsions-155113/

Once you are permanently abroad then you should not be paying UK tax.

What a bizarre listing at the end of that first link, PN :hmm:

RHKAAF,

Start by telling us where you're moving to and which pension scheme do you belong to? The answer to your question will depend on that and may be different for state pension and AFPS. There are also some points about tax you will need to know about.

Not true. For example, the Dual Tax agreement with France, means I pay tax on a UK government pension in the UK, despite being permanently resident in France.

See kaitakbowler, there are some useful people on the forum ;)

The info provided will give RHKAAF something to think about until he gets the opportunity to confirm it officially with his/her pension provider.

... whereas here in JER the Tax authorities insisted both pensions were taxed in JER, and paid gross in UK, despite a Dual Taxation agreement. I accepted the better Tax position here with my usual good grace ;)

I bet you need every penny of pension to live in Jersey. I'm a qualified resident there myself, but have no plans to return when I'm a pensioner.

I guess it t depends on personal circumstances, and how many/good pensions you have [we have 2 Service and 2 State ones]. But I estimate about £5,000 p/a cheaper than when we were living in Camberley, taking account of Tax, Rates and Utilities. YMMV, of course.

(I will ignore house prices, which is a separate subject altogether!)

I live in NZ and my RAF Pension is index linked, same rules apply up to the age of 55 when as per everyone in the UK it is not index linked, well that was how my pension worked.

Son lives in Netherlands and his British Army pension is not counted as part of his income there for tax purposes. As it is slightly less than his UK tax allowance he pays no UK tax on it either as he has no other income here. He's hoping the Dutch dont follow France's lead as that would cost him! Index linking not yet applicable as he is stilll in his 40s.

Follow France's lead?

I'm in Oz and my RAF pension was index linked when I hit 55.

I'm in Oz and my RAF pension was index linked when I hit 55.


Yep, I am the same. OAP is not index linked however, as outside the EU.

I am in Oz and asked this question recently and was told told that my pension will be index linked when I reach 55 but my OAP will not be. Courtney is right about tax, dual citizen or not, you will still be taxed on your pension is the information I was, it has to be said, curtly given. If they got the last bit wrong I would be delighted to know.

This may help for France...
 

Regarding UK OAP Pension taxation at source:

An exemption can be obtained with this form...

https://www.gov.uk/government/public...nce-individual

This form also includes company pension annuity payments, but not income derived from other sources such as property rentals.

It has to be completed and delivered to your local French Impots Office who, in my case about 2 months ago, knew exactly what to do with it. Both sections must be completed but they just duplicate the same data.

There is also the option to have the pensions paid directly into a French bank account.

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