(5 years, 9 months ago)
Commons ChamberMy hon. Friend makes a good and compelling point that I shall talk about in a moment. The UN special rapporteur on poverty said that the 1950s women were just “ill-prepared” to adjust. That is the injustice.
When I think about funding a compensation scheme, I think about the money paid into national insurance. Just as an indicator for the House, the national insurance fund accounts show an increase of nearly £2.3 billion in 2017-18, taking the fund to a total of £24 billion paid into the national investment account.
Does my hon. Friend agree with the former Chancellor of the Exchequer, who said of another group who lost their expected pensions to which they were entitled—the Equitable Life victims—that we should act because
“it is the right thing to do”?—[Official Report, 20 March 2013; Vol. 500, c. 941.]
Is not that at least as true of the WASPI women?
I thank my hon. Friend for that intervention, because that is exactly the point. This is so wrong and we have to make sure that we do something about it. It is just unexplainable that we have women experiencing such hardship. What explanation can the Government give for not restoring to these women what is rightfully theirs, having paid their stamp, and for creating a huge problem for many by forcing them into poverty? What could the Government do to fund or reimburse these women? The Government evidently have access to their money and could do something.
I remember listening to the Minister in a Westminster Hall debate proposing a way forward for women who found themselves in dire straits without a job. He suggested that women take up an apprenticeship and retrain, find new skills and get a job. If only it was that easy! The challenges of finding employment are not made any easier by the fact that being an older person has its own challenges.