WASPI women explained - who is eligible, possible compensation and Ombudsman report
dailyrecord.co.ukWASPI - short for Women Against State Pension Inequality - is a campaigning group for women affected by changes to the state pension age.Their lives have been 'turned upside down' by historic state pension age changes.
For thousands of women born in the 1950s, the state pension age change went from 60 to 65, and then up again to 66 - was not communicated properly.A government watchdog is investigating the Department for Work and Pensions' (DWP) failure to communicate the changes, with some women given as little as 12 months' notice.WASPI campaigners say women born in the 1950s experienced financial hardship as their retirement plans were directly hit after the state pension age increase, reports LancsLive.
The group points out that this change compares to the six years notice men received for a one-year rise to their state pension age.
They claim the lack of adequate notice robbed millions of women of the ability to adequately plan for their retirement.For women, the rise in state pension age began in 2010 following the Pensions Act 1995.
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