Home Finance WASPI calculator shows if you could be entitled to payout after damning...

WASPI calculator shows if you could be entitled to payout after damning DWP report


The Parliamentary and Health Service Ombudsman (PHSO) says women born between April 1950 and April 1960 are “owed” money because increases in the state pension age, from 60 to 66, were not communicated properly.

Some women were notified of the change to their pension age less than a year before they had been expecting to retire at 60, which left them without enough time to adjust their savings plans, the ombudsman found.

The report also said the women affected should have received a letter informing them of the changes up to four years earlier than they did.

If you are a woman born between April 1950 and April 1960, you can use this interactive to see when the ombudsman says you should have been notified of the changes to your pension.

It is nearly 10 years since the Women Against State Pension Inequality campaign group – or WASPI for short – launched a campaign for compensation.

The ombudsman report follows a five-year investigation into alleged failures at the Department for Work and Pensions (DWP).

The PHSO used a severity of injustice scale to determine a financial payment that it believes is appropriate and proportionate. The scale has six levels of payment and PHSO has recommended a Level 4 payout of between £1,000 and £2,950 to recognise the “significant” and “lasting impact” suffered by many women.

If the government agrees to this compensation level, it could mean a total cost to the taxpayer of between £3.5 billion and £10 billion.

But the DWP has argued that compensation at Level 3, below £1,000, would be “consistent” with previous payouts made to claimants. The government has not yet confirmed that any level of compensation will be paid to the affected women.

Women Against State Pension Inequality (Waspi) campaigners have demanded “a proper compensation package” with a payout set at Level 6, which is £10,000 or more.

LEAVE A REPLY

Please enter your comment!
Please enter your name here