An analysis of British immigrant pension

# UK Immigrant # Introduction When you get the national basic pension in the UK, the effective working age is determined by the salary after deducting the national insurance contribution. The following is an analysis of the British immigrant pension, welcome to read!

An analysis of British immigrant pension

I. National Basic Pensions The national pension policy is that if a man was born after April 6, 195 1 year, and a woman was born after April 6, 1953, the applicant can apply for a British pension. The minimum national basic pension for individuals shall not be less than 148.4 per week. Your NI record will calculate the amount of pension you can get in the future.

Second, the state supplements pensions.

Supplementary pension is based on the contribution of national insurance, so you can get the amount other than the basic pension. There is no specific figure on how much you can get. However, you need to meet the following conditions to get a supplementary pension:

1. The annual income of employees exceeds 5,772;

2. Take care of children under 12 and apply for child welfare;

3. Take care of the disabled for more than 20 hours a week, and apply for' caregiver reputation';

4. Receive disability-related benefits.

Note: If the annual income is less than 5772 pounds or the self-employed or unemployed are not eligible for this pension.

Three. Occupational pension plan

Employers implement occupational pension plans for their employees. In the usual field, the increase of this kind of pension is determined by the profit of the enterprise or the contribution of the employees. For companies with occupational pension plans, voluntary contribution plan (AVC) is also necessary. This plan (AVC) allows employees to invest more money in their future pensions. In addition, there are many kinds of individual pension plans, but they are all specially consulted by experts.

In addition, please contact the government pension department four months before you get the pension qualification.

Article 2 Living expenses of British immigrants

First, the adaptation period has experienced a difficult period of hesitation. After entering the adaptation period, the focus of living expenses will shift, but some more important expenses will be added, such as buying a house.

The price of a four-bedroom single-family villa is generally around 6.5438+0.5 million pounds, and new immigrants are generally unable to get loans, so this fund will be a considerable expenditure.

Other expenses are relatively reduced or cancelled, such as transportation, rent, catering, etc.

Generally speaking, the expenditure on buying a house abroad during the adaptation period is still education, which is generally estimated to be one year 15000.

Other catering and transportation costs are estimated at 5,000 pounds a year.

Maybe I need to buy a car. For example, the common Land Rover Sport Edition is around 65,000 pounds.

Annual estimate: the real estate purchase cost is 6.5438+0.6 million pounds (including 6.5438+0.5 million pounds).

Second, the integration period.

After children go to school, they enter a stable period of integration. At this time, their life is relatively simple and their expenses are relatively regular.

Generally speaking, in the annual expenses, if you keep a simple life, the annual expenses are as follows:

1. Housing-related: government taxes, water, electricity, heating; 2500 lbs/year

2. Traffic-related: car maintenance, insurance, refueling, car washing; 5,000 pounds/year

3. Catering: This part varies from person to person, but generally 200 kg per week can be regarded as the upper-middle diet standard, fish, meat and seafood; 10000/ year

4. Education-related: private schools, day schools, 15000 pounds/year.

Total year: 32,500.00.

Article 3 Joint Insurance for British Immigrants

I. Personal insurance

This is similar to the situation in China, but it also depends on the individual and family situation.

Second, housing insurance.

In addition, if it is a rental house, it is also recommended to buy home insurance. Because renting a house involves the interests between the landlord and the tenant, when the house or indoor property suffers unexpected losses, it often causes contradictions and disputes between the two sides. If the owner buys rental insurance, these troubles can be properly solved.

Third, commercial insurance.

This kind of insurance is mainly for small shops, vendors, offices and family businesses in Britain. Small and private enterprises are more risky in doing business, so they should also take risks to ensure their income through drought and flood.

Fourth, auto insurance.

This should be regarded as the most common insurance in Britain, which belongs to the insurance that you must buy if you have a car. You can't drive without insurance. The police have the right to tow your car when they find out. If you don't pay the insurance within 2 1 day, the police will destroy your car. This is a very serious matter, so most people pay auto insurance automatically every year.

Verb (abbreviation for verb) trailer insurance

This kind of insurance is common in Britain, but it is not compulsory. Towing car insurance is a nationwide 24-hour service to prevent cars from suddenly stopping on the road, especially on highways or remote suburbs, or at midnight. After purchasing trailer insurance, the insurance company will provide trailer service. However, this situation is rare, and it is really worthwhile to call a paying company to trailer.

Intransitive verb travel insurance

Traveling abroad, especially traveling abroad, is generally bought for peace of mind. Especially when traveling from Britain to Europe, as long as you need to apply for a Schengen visa, you must buy travel insurance, which is one of the materials that a visa must provide.