Over 333,000 women in Scotland are affected by pension changes, sparking calls for compensation from all political parties.
Edinburgh: The UK Government’s refusal to compensate women over pension changes has hit hard. Official figures show over 333,000 women in Scotland are affected.
All political parties in Scotland agree that some form of compensation is needed. The pension age for women was raised to match men’s, and many were caught off guard.
This change started back in 1995 and sped up under David Cameron’s government. Even though it was publicized, many women didn’t realize their pensions would be delayed.
The Labour Government claims the estimated £10 billion cost for compensation is too high. But the Scottish Lib Dems are calling this figure “shocking” and are ready to fight for these women.
As a debate looms in Holyrood, the Scottish Government is also pushing for compensation. About 3.6 million women across the UK were affected by this pension age change.
There was a significant delay in notifying women about these changes, which has led to financial struggles for many. Campaigners argue that this has forced women to rethink their retirement plans.
A report last year suggested the Government should compensate these women due to the delay in communication. However, Work and Pensions Secretary Liz Kendall dismissed this recommendation, citing costs.
Beatrice Wishart, a Shetland MSP, expressed that these figures show a betrayal by the UK Government. She emphasized that the government is ignoring the Ombudsman’s recommendations.
She added that the Liberal Democrats have long pushed for fair compensation for Waspi women. The UK Government needs to change its stance on this issue.
Social Justice Secretary Shirley-Anne Somerville also urged the UK Government to take responsibility. She highlighted the need for a full compensation package for the women affected.
Somerville pointed out the financial hardships these women have faced, especially given the gender pension gap in the UK. It’s time for the government to listen and act.