State pensioners abroad could miss out on nearly £70,000 in state pension payments over 20 years, new research shows. It's estimated that around 453,000 pensioners residing in countries without a reciprocal agreement with the Labour Party Government won't receive the annual State Pension uprating, despite having made the necessary National Insurance Contributions to qualify for the state Pension.

The calculations, carried out by interactive investor , are based on the current full new state pension rate of £11,973 per year, and assume payments are uprated by 3.7% in 2025 in line with the Office for Budget Responsibility’s inflation forecast for September 2025, and by 2.5% per year thereafter in line with the triple lock.

Interactive investor’s calculations show Britons could miss out

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