This spisode features an interview with Angela Madden, the Financer Director and Chair of WASPI - the Women Against State Pension Inequality Campaign.
In 1995 the John Major government raised state pension age from 60-65 to bring in line with men. In 2011, a new Pensions Act was introduced that shortened the timetable to increase the women's pension age to 65 by two years but also raised the overall pension age to 66 by 2022. Both the 1995 and 2011 changes came as a shock to many, with women discovering that they would have to wait up to six years longer for their state pension, potentially affecting their retirement plans.
In 2015, WASPI was formed by five women to argue for the government to provide transitional payments to women born in the 1950s receiving their pension after the age of 60. They also call for compensation to women who now receive a state pension but had to wait longer.
In March 2024 the Parliamentary Ombudsman (PHSO) ruled that WASPI women should get apology and compensation. The women are still waiting for any compensation and the campaign continues. Find out more at https://www.waspi.co.uk/
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