With all the chaos surrounding Brexit, it is essential to have some certainty. The Teachers’ Pension Scheme report that those living overseas will continue to be paid their pension as usual if the UK does eventually leave the European Union.
It is easy to feel concerned that your finances will be disrupted. The unambiguous answer from the Teachers’ Pension Scheme is that there won’t be any changes and your pension payments will continue to be paid into your overseas account. Everything will remain as usual, even if the UK leaves without a fixed plan in place.
The content in this article was correct on 25th April 2019. You should not rely on this article to make important financial decisions. Teachers Financial Planning offers advice on your Teachers’ Pension Scheme. Please use the contact form below to arrange an informal chat with an advisor and see how we can help you.