Labour pledges compensation for WASPIs

Millions of women saw their retirement plans shattered when they found out - belatedly – a change in state pension law had robbed them of up to six years' income, John writes.

Labour's pledge to settle an 'historical debt of honour' by compensating them has been welcomed by the many who had received little or no notice of the changes which brought retirement age for women into line with men.

How unlike the response from the arch-deceiver himself. In July, Boris Johnson assured those who'd lost out he would tackle pension inequality “with fresh vigour and new eyes.” By November he'd gone blind. In the BBC's Question Time debate he 'sympathised' but couldn’t see how he could 'magic up the money'.

Women Against State Pension Inequality (WASPI) campaigners say their members are telling them they could not believe their retirement age had increased by four, five or six years and they did not know about it.

They add with no other source of income (until the 1990s many women weren’t allowed to join company pension schemes many are in poor health) securing work is proving impossible for and zero contract hours or Job Seekers’ Allowance are the only alternatives for many.

Let's remember, billions of pounds have been 'spaffed' up the wall over Brexit. But there's little Tory consideration for women who have borne the brunt of inequality in their pockets and on their health historically.

Women who owing to the gender pay gap earn on average hundreds of thousands of pounds less than men over a lifetime.

Who are usually the carers of our world, often supporting sick parents and, as grandparents, sometimes also providing childcare for their grandchildren at the same time. And who save the Exchequer billions for taking on that carer role.

They were easy targets. Some have lost tens of thousands of pounds. Compensation will go some way to redressing the wrongs.