Work and Pensions Secretary Pat McFadden announced the government will reconsider its decision not to compensate Waspi women. The review follows new evidence that was not available when his predecessor Liz Kendall rejected compensation claims last December.
The case concerns women born in the 1950s whose state pension age was raised to match men's retirement age. The Parliamentary and Health Service Ombudsman found poor communication about these changes meant many women lost opportunities to plan their retirement finances properly.
Compensation Recommendation
The ombudsman recommended payments of up to £2,950 per woman. The total cost could reach £10.5 billion if compensation is awarded to all affected women.
McFadden cautioned the House of Commons that the review does not guarantee payments will be made. "Retaking this decision should not be taken as an indication that Government will necessarily decide that it should award financial redress," he said.
The secretary confirmed work on the review would start immediately. "The work will begin immediately and I will update the House on the decision as soon as a conclusion is reached," McFadden said.
Note: This article was created with Artificial Intelligence (AI).
