Women’s Changed State Pension Age: Compensation

Gregory Stafford Excerpts

Monday 17th March 2025 Westminster Hall

[Dr Savage]

I agree with the hon. Gentleman that there is an egregious lack of transparency and accountability at the heart of this case.

[Gregory Stafford (Farnham and Bordon) (Con)]

The hon. Member is being generous with her time. It is not just the ombudsman in which faith could be shaken. The public are rightly concerned that dozens if not hundreds of Labour Members of Parliament previously supported the WASPI women but have turned their backs on them now that they are in government. This is not just about the ombudsman; this is about parliamentary democracy and our constituents having faith that what we say will actually happen.

[Dr Savage]

I thank the hon. Gentleman for his intervention. Now I will make some progress.

As a result of the changes, between 6% and 15% of affected women have fallen into poverty. Recent surveys show that 84% worry about energy bills, 76% worry about their financial future and, tragically, 71% avoid leaving their home to save money. I want to highlight the case of Marion Bond, one of my constituents in South Cotswolds. During a lifetime spent as a teacher, Marion made many sacrifices, including turning down promotions and working part time to care for her children while her husband worked long hours. Despite supporting his career, her divorce settlement was based on the assumption that she would receive her pension at 60. Instead, she unexpectedly faced a delay, losing six years of pension. The small compensation recommended by the ombudsman is a fraction of the £40,000 that she calculates she lost as a result of the lack of communication.

Marion’s story is not unique. A survey on Facebook that asked “What would you have done differently?” yielded over 1,500 heartrending stories as women shared how their lives would have been different with proper notification. The stories include escaping abusive relationships, continuing with much-loved careers rather than taking voluntary redundancy, and fulfilling care responsibilities for grandchildren or other relatives. Although men and women should have equal retirement ages, that is not the issue here. The issue is the communication failure. The mishandled roll-out of the change left many women stranded, facing unemployment and reliant on benefits. That in turn affected their mental and physical health and placed financial strain on their families, impacting childcare and the social and healthcare sectors.

There is a fundamental question about how we value women in our society. We must recognise that women face invisible financial penalties due to gender, including pay gaps and unpaid labour burdens.