Submitted by Sara Da Silva on Wednesday 11th January 2023
Published on Monday 16th January 2023
Current status: Closed
Closed: Sunday 16th July 2023
Signatures: 51
Relevant Departments
Tagged with
10 years ~ British ~ British citizens ~ Canada ~ Citizens ~ EU ~ EU countries ~ Korea ~ Madely ~ Pensions ~ Return ~ South Korea ~ state pension ~ state pension age ~ The USA ~ USA ~ work ~ Years
Negotiate so British citizens who pay pension in S. Korea can be refunded
In South Korea, British citizens who pay contributions in South Korea towards a state pension are not refunded if they return to the UK (unless they work for 10 years and reach state pension age).
We want negotiations to be made so we can be refunded our pension (in a lump-sum) if we leave.
The Foreign workers in Korea, from the USA, Canada and several other EU countries, are able to collect their pension as a lump-sum when they leave Korea. But British citizens are excluded from this. We hope this can be changed, as it would result in a higher incentive to return to the UK work pool.
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3.16.50.98 Sat, 21 Dec 2024 12:52:58 +0000
