(6 years, 8 months ago)
Commons ChamberThat is most certainly the case, and the Government need to understand that. My wife herself has been working since that young age.
For some reason, the Government persist in pushing huge numbers of ’50s-born women into financial difficulty and distress. It is time for the Government to put their pride aside and do what is right.
I thank my hon. Friend for acknowledging the financial plight of many of these women. Women in my constituency have been forced to sell or remortgage their homes, and to spend the money they had set aside for retirement now so that they can exist, which will increase the poverty they experience in retirement. That has not been acknowledged at all by the Government.
Indeed it has not, and I am sure we will hear many such examples in the debate.
I have heard stories from numerous women affected by the changes of their desperation and fear—and it is fear—about how they will cope in poverty as they wait even longer for their state pension. Does the Minister understand how difficult it is for a woman in her 60s to retrain and gain employment? The job market and the skills needed in today’s workplace are very different from what they were 40 years ago.