The Government has announced that it will not provide any financial compensation to the so called WASPI women.
Announcing the move in the House of Commons, Liz Kendall said that ‘The government does not believe paying a flat rate to all women at a cost of up to £10.5bn would be a fair or proportionate use of taxpayers’ money’ adding that they suffered ‘no direct financial loss’ from bungled communications about pension state age increase
Campaigners have argued for Government to address the inequity that has arose from state pension age equalisation between the sexes due to millions of women being left unable to sufficiently prepare for retirement.
Under the 1995 State Pension Act, the state pension age for women from 60 to 65/
Some 3.8 million women are estimated to have been detrimentally impacted by the move due to the way the age hike was implemented. In 2021,
The Parliamentary and Health Service Ombudsman (PHSO) ruled in March that there had been maladministration in the way the Department of Work and Pensions (DWP) communicated reforms and recommended compensation, suggesting payments of between £1,000 and £2,950 at level four.
