New State Pension age compensation plan aims to simplify payout for WASPI women

Two senior figures from the WASPI campaign set out details of a ‘two-pronged’ compensation plan for 1950s-born women impacted by changes to their State Pension age. WASPI Chair Angela Madden and Campaign Director Jane Cowley put forward a simple proposal using mechanisms already in place at the Department for Work and Pensions during an oral evidence session in front of the cross-party Work and Pensions Committee on Tuesday.

A second prong would provide a separate payment for women who could demonstrate “direct financial loss” as a result of the age changes. The campaigners said this might include loss of earnings and goes beyond the Parliamentary and Health Service Ombudsman’s remedy recommendations in its final report published on March 21.

As a result of its findings, the Ombudsman has asked Parliament to intervene and “act swiftly” to make sure a compensation scheme is established. Labour MP and Co-Chair of the APPG, Rebecca Long-Bailey said: “There clearly has been direct financial loss to affected women. The PHSO has made its decision on direct loss based on its own guidance; that’s not statutory and therefore can be amended by Parliament. What WASPI is proposing would be a fair system, ensuring everyone affected gets something and those worst affected get the most.”

The North Ayrshire and Arran MP presented an Early Day Motion to the Backbench Business Committee last month, hoping that the debate will at least reach an agreement, through a vote, that redress should be made to those women impacted by the changes. Get the latest Record Money news Join the conversation on our Money Saving Scotland Facebook group for energy and money-saving tips, the latest benefits news, consumer help and advice on coping with the cost of living crisis.

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