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Frozen pension

Most of the frozen pensioners live in old loyal "empire" countries. Pensioners in the old "rebel" country, USA, get their pensions uprated each year. So do those in the Philippines, Israel and Turkey. Britain could release a lot of funds for MP expenses if it exported most of its pensioners to frozen countries, or even by declaring Australia to still be a penal colony, in which case it would not have to pay them any pension.

Posted by: James Nelson

25 Aug 2009 | 06:31
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Retiring in expat favourite destinations 'equates to frozen pension'

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