From the FT February 12 2024
An MP has put forward a bill calling for a compensation scheme forwomen born in the 1950s affected by the rise in state pension age.
MP Alan Brown has called on the government to give compensation payouts of £10,000 or more to women affected by theWomen Against State Pension Inequality (Waspi) state pension age issue.
Speaking in the Commons as part of a 10-minute motion,Brown said: “Like so many injustices created by Westminster, the lack of resolution for the 3.8mn women is a disgrace.
“These women were given the bombshell that their state pension age was going to increase from 60 to 66 just as they were about to retire and it was too late to do any proper financial planning.”
Brown said with regards to compensation, a minimum Level 5 banding of the Parliamentary and Health Service Ombudsman remedy scales should be applied but that a Level 6 band with payouts of £10,000 or more would be “most appropriate”.
Brown added: “For nine years this matter has been debated hearing harrowing stories with many MPs across the chamber pledging they would do all they could to help these women but the government has ignored the plight of these women.
The draft legislation has been listed for a second reading on April 19 2024.
www.alanbrownmp.scot/updates/2024/2/13/press-release-waspi-10-minute-rule-bill-1
