New DWP update on State Pension compensation plan in response to WASPI petition

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New DWP update on State Pension compensation plan in response to WASPI petition
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The DWP has responded to an online petition calling for a State Pension age compensation scheme to be in place by March 21, 2025.

More than 132,000 people have signed an online petition created and posted by the Women Against State Pension Inequality campaign calling on the UK Government to “fairly compensate” women born in the 1950s affected by changes to their State Pension age. The petition also wants the UK Government to “urgently respond” to the recommendations in the Parliamentary and Health Service Ombudsman’s final report and set up a compensation scheme by March 21, 2015.

“In March 2024, the Parliamentary and Health Service Ombudsman said 1950s-born women were owed financial redress and an apology due to DWP maladministration. DWP added: “The Pensions Act 2011 and 2014 accelerated these timetables. In addition, the Pensions Act 2014 legislated to introduce periodic reviews of State Pension age. Each Act followed detailed consideration of the issues through public consultations.”

“The PHSO has laid the report before Parliament and the Government is carefully considering the report. It is a serious report that requires serious consideration and the Government recognises it is important to do so as quickly as possible. In addition, there have been a number of recent debates and questions in Parliament on the issue.

“This Government is absolutely committed to supporting pensioners and giving them the dignity and security they deserve. The State Pension provides the foundation income for people in retirement.”

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