Thousands of UK women owed pension payout after ombudsman’s Waspi ruling

Way state pension age was raised plunged retirement plans into chaos, but DWP has indicated it won’t pay compensation Thousands of women, potentially hundreds of thousands, are owed compensation because of government failings related to the way changes to the state pension age were made, a long-awaited official report has said.The Parliamentary and Health Service Ombudsman (PHSO) said those affected should be compensated. But the recommended payouts of between £1,000 and £2,950 a person fall far short of the £10,000-plus that campaigners were calling for. Continue reading...

Mar 21, 2024 - 19:13
 0  1
Thousands of UK women owed pension payout after ombudsman’s Waspi ruling

Way state pension age was raised plunged retirement plans into chaos, but DWP has indicated it won’t pay compensation

Thousands of women, potentially hundreds of thousands, are owed compensation because of government failings related to the way changes to the state pension age were made, a long-awaited official report has said.

The Parliamentary and Health Service Ombudsman (PHSO) said those affected should be compensated. But the recommended payouts of between £1,000 and £2,950 a person fall far short of the £10,000-plus that campaigners were calling for. Continue reading...

usnews US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.