WASPI woman makes final plea to Rachel Reeves to ‘save our pension’ | Personal Finance | Finance [Video]

Millions of women who lost tens of thousands of pounds as a result of the pension age shift to bring them into line with men are hoping of a Budget compensation announcement.

A representative from the Women Against State Pension Inequality group has expressed hope the Chancellor’s announcements today will include a compensation for the many thousands of women involved.

Around 3.8m women were affected by government decisions to raise the pension age from 60 to 65 in 1995 and later to 66 in 2012.

The change, which the Parliament and Health Service Ombudsman has ruled was not properly communicated to the women involved, has left many without the retirement income they had originally anticipated.

As a result, many were required to carry on working, often despite being in ill health, while others have had a real struggle to cover essential bills or raid the savings they had set aside to cover their retirement.

Mary Jones, from Northamptonshire Waspi, …