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WASPI women deliver ‘biggest update ever’ on DWP compensation case | Personal Finance | Finance
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WASPI women deliver ‘biggest update ever’ on DWP compensation case | Personal Finance | Finance

The Prime Minister has released a new tip regarding WASPI payments and it is expected to be announced soon.

WASPI (Women Against State Pension Inequality) women are awaiting payment from the Department for Work and Pensions (DWP) worth £2,950.

GB News reported: Sir Keir Starmer dropped ‘biggest’ clue about potential WASPI payouts, says Birmingham Live.

Dear Keir Starmer He told the press this DWP Secretary Liz Kendall will make a statement “on this matter in the not too distant future.”

WASPI advocated for support for women born in the 1950s and said they did not receive adequate warning of changes in the law. state pension.

Women have been lobbying Parliament for years over changes to the 2011 Pensions Act, which will increase the pension eligibility age for women from 60 to 65, the same as men.

The 2011 legislation accelerated the previous timetable for raising the age limit from 2020 to 2018.

The law affected approximately 2.6 million women and hit particularly hard on the approximately 300,000 women born between December 1953 and October 1954 who were about to retire but then had to wait an extra 18 months for their pensions.

When asked by journalists during his trip to the G20 summit in Brazil why compensation was taking so long, the Prime Minister said: DWP The Secretary will make a statement on this matter in the not too distant future.”

He added: “Obviously this is a very serious report and the response will be determined by the United States. DWP secretary.”

A. DWP the spokesman said earlier Birmingham Live: “This was a serious report that required serious consideration. “We will continue to listen respectfully to the women involved and ensure we take into account the lessons learned.”

A report by the Parliamentary and Health Service Ombudsman (PHSO) found that affected women will be required by the Department for Work and Pensions to provide individual notice of the changes for at least a further 28 months.

It was also stated that additional notice to women who were not aware of the changes, giving them the opportunity to adjust their retirement plans, was lost due to the delay.

PHSO also suggested level four compensation, ranging from £1,000 to £2,950 for each of those affected, might be appropriate.

An announcement is expected in the coming weeks.