Women in government pension trap are facing extreme financial hardship

WASPI protesters: it seems the government isn’t even bothering to engage with these ladies.

It must have been bad enough when the UK wasn’t in a Tory-created financial crisis, but now the strain on women who were born in the 1950s must be phenomenal.

These are women who weren’t properly informed that instead of retiring at the age of 60, as they expected, the government was raising the age at which they would receive a state pension to 66.

More than 200,000 women have died without receiving satisfaction from the government.

80 per cent of those affected have suffered financial hardship and 30 per cent are in debt. This could have been avoided if they had been properly informed of what was happening and its implications, according to campaigners.

One shocking aspect of this report is that the government hasn’t bothered to engage with campaigners since 2016.

Since then, the effects of Brexit, Covid-19 and the current inflation crisis have harmed millions of people across the UK – including these already-disadvantaged ladies.

But the Tory response is: can’t be bothered.

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2 thoughts on “Women in government pension trap are facing extreme financial hardship

  1. Grey Swans

    WASPI’s campaign is about to fail, with only a tiny few of us 3.8m women still alive gaining any compensation for lack of communication from a government department of pension age rise.

    However, Tory, Labour and Lib Dems all rose women’s pension age (2010 onwards as more pension age rises than state pension ages), denied women the replacement money to the poorest of Pension Credit from age 60 (2012 onwards), and unemployment or sick benefit without requirement to seek work as granted to men from age 60 for decades and continued during 2010 to 2018.

    WASPI’s campaign was never about financial hardship, but only compensation.

    No communication of pension age rise would have saved us 1950s (and the next victims, the 1960s born turning 60 since plague year 2020, worse off as pension age 67) from financial hardship. We could have done nothing different.

    Half of women only rely on state pension money in retirement. Single, divorced, widowed women from age 60 especially.

    WASPI does not represent any 1950s ladies, as we belonged to any and all pension campaign groups, and we all signed the petition of near 1m signatures for women’s pension age 60 back (WASPI made no complaint of pension age rise, when all us 1950s ladies did), ignored even sadly by Jeremy Corbyn’s manifestos, which was the biggest sabotage done by his right wing Labour pension policy commission.

    The only way for the 1950s ladies losing half a decade of state pension to get a decent compensation of £35,000 is by an Over 50s party government, that alone has Grey Wall policies, but also Corbyn’s legacy for below age 40.

    Admin Grey Swans seeks volunteer admin to bring our new Over 50s party into existence, having sourced a specialist law firm for the low cost of legal work to register the party to run in the general election (easy enough to gain funding from trade unions from branch petty cash, kept below £500 each donation).

    www dot over50sparty dot org dot uk

  2. Iona Hevican

    Yes am a 50s women with no pension till. 66. No notice nothing. Am working in a job that has made my health deteriorate. Carpul tunnel. Plus other health issues. Have to keep working. As no other choice. Can’t afford to stop. Thinking about it. But loosing so much sleep. My mental health is taking it’s toll.

Comments are closed.