The Chief Secretary to the Treasury suggested there may be a need for different types of State Pension age compensation schemes.
Chief Secretary to the Treasury, Darren Jones MP, has told BBC Breakfast there is “more work to be done” on designing a suitable compensation plan for millions of women born in the 1950s impacted by changes to their State Pension age. Appearing on the popular breakfast show on Monday, Mr Jones said that the Labour Government needs more details on eligibility for compensation or the “different types of schemes that might need to be designed” to support people in different circumstances.
He added: “There’s more work to be done on that and my colleague the Work and Pensions Secretary Liz Kendall has already talked about picking up that work and taking it forward.” Top Money Stories Today Last week, the Chair of the WASPI campaign urged new Prime Minister Sir Keir Starmer not to “let down millions of 1950s-born women'' waiting for a compensation plan. Angela Madden urged the Labour Government not to ignore the landmark report published by the Parliamentary and Health Service Ombudsman in March which instructed the Conservative government to apologise and administer a compensation plan without delay.
Latest State Pension News She added: “Anything else would be to let down millions of 1950s-born women at the very first hurdle and ignoring the government's own independent watchdog would set the wrong tone for a government looking to make change. ”
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