PODCAST on Pension Parity

From ABC Radio National Australia

Some 240,000 British expatriates chose to emigrate to Australia to soak up the sun, but they are shocked to discover their UK pensions remain frozen at their retirement date.

Consequently a 100-year-old woman living in Sydney receives just six pounds a week on her UK pension. If she were still living in Britain it would keep pace with inflation and she’d receive more than a 100 pounds or around $150 a week.

The chairman of British Pensions in Australia, Jim Tilley, has been tirelessly campaigning against what he says is discrimination.

Of the 1 million British expatriates living overseas, half of them receive an indexed pension while the other half don’t.

His fight has taken him to the European Court of Human rights and the House of Lords in London. He’s even been in the ear of Prime Minister Julia Gillard, whose British expat parents are also victims of the frozen pension plan.

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Robin Ford

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12 2011

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