State Pension payment rules are changing for some people this month

dailyrecord.co.uk:

State Pension provides essential financial support every month for over 12.4 million people across the UK. This regular payment is available for those who have reached the UK Government’s eligible retirement age, which is now 66 for both men and women.

The retirement payment is not paid automatically, it has to be claimed by those of eligible age, because some people choose to defer making a claim in order to keep working and contribute more towards their pension pot.

However last year, the UK Government confirmed plans to change the rules on how State Pension is calculated from January if you move abroad because the UK has now left the European Union.

The GOV.UK guidance states that the change in State Pension calculation will affect people who move to live in the EU, EEA or Switzerland and those who have previously lived in: Australia, before March 1, 2001CanadaNew Zealand The GOV.UK website confirmed that from January 1, 2022, you will no longer be able to count periods living in Australia (before March 1, 2001), Canada or New Zealand, towards calculating your UK State Pension if both the following apply: you are a UK national, EU or EEA citizen or Swiss nationalyou move to live in the EU, EEA or Switzerland on or after January 1, 2022, including if you move to live in another EU, EEA country or Switzerland on or after January 1, 2022 The Department for Work and Pensions (DWP), which delivers State Pension, explained on GOV.UK : “The change will affect you whether or not you have claimed your UK State Pension yet. “Your UK State Pension will be calculated, or recalculated if already in payment, using only your UK National Insurance record.”DWP states that you will not be affected by the change if you either:live in