The Women Against State Pension Inequality (WASPI) campaign was established to address the financial hardships faced by women born between 6 April 1950 and 5 April 1960.
These women were adversely affected by changes to the State Pension age, which increased from 60 to 65, and later to 66, aligning with men’s retirement age. The core issue lies in the inadequate communication of these changes, leaving many women unprepared for the financial implications.
Eligibility Criteria for WASPI Compensation
To qualify for the WASPI compensation in 2025, applicants must meet the following criteria:
- Birth Date: Between 6 April 1950 and 5 April 1960.
- Impact: Experienced financial hardship due to the unexpected increase in the State Pension age.
- Communication: Received insufficient or delayed information regarding the pension age changes.
Compensation Amount and Payment Phases
The Parliamentary and Health Service Ombudsman (PHSO) recommended compensation of up to £2,950 for eligible women. While the Department for Work and Pensions (DWP) has not officially confirmed these payments, legal proceedings are ongoing to address this issue.
The proposed payment rollout is expected to occur in phases:
- Phase 1 (March–April 2025): Women born between 1950–1952.
- Phase 2 (May–June 2025): Women born between 1953–1955.
- Phase 3 (July–August 2025): Women born between 1956–1960.
Payments will be deposited into designated bank accounts, building society accounts, or Post Office card accounts.
How to Check Your Compensation Status
Eligible women can check their compensation status through the following methods:
- Online Portal: Visit the official DWP website to access the dedicated WASPI compensation portal.
- Helpline: Call the WASPI compensation helpline at 0800 XXX XXXX (Monday to Friday, 8 am to 6 pm).
- Written Correspondence: Write to the WASPI Compensation Team at the address provided on the DWP website.
The WASPI compensation initiative represents a significant step toward addressing the financial injustices faced by women affected by the State Pension age changes.
While the compensation has not been officially confirmed, ongoing legal proceedings aim to secure the recommended payouts. Eligible women should stay informed through official channels and prepare the necessary documentation to facilitate the compensation process.
FAQs
Is the £2,950 compensation confirmed?
As of now, the compensation is a recommendation by the PHSO. The DWP has not confirmed any payments, and legal proceedings are ongoing.
How can I check if I’m eligible for the compensation?
Eligibility primarily depends on your birth date (between 6 April 1950 and 5 April 1960) and whether you were inadequately informed about the pension age changes.
What should I do if I believe I’m eligible?
Gather any relevant documentation, stay updated with official announcements, and consider joining support groups for guidance.
Do you have to apply for it or does it go into your bank account without you applying