“Flextension” of Brexit - what does it mean for social security?
Last week, the UK and EU27 agreed on a flexible extension of Brexit until 31 October 2019. The current political landscape seems to suggest that leaving the EU without a deal isn’t supported in the UK Parliament and thus, the flexible extension gives Theresa May some breathing space to find a majority for the Withdrawal Agreement.
A deal supports employers’ hope for more clarity - also from a social security perspective; however, no deal Brexit continues to remain a threat on the horizon. Below, we share the technical insights and our practical approach on how employers should manage for Brexit considering both the hope for a deal and the continued threat of no deal.
Both the UK and EU27 Member States are working towards a Brexit deal, which will ensure a transition period that includes continued application of the current social security coordination rules on social security.