Scotland’s First Minister, John Swinney, has condemned the UK Government’s decision not to provide compensation to women affected by changes to pension age, known as Waspi women. He described the refusal as a further disappointment linked to Labour’s stance on the issue.
The Waspi campaign involves women born in the 1950s who lost pension benefits due to accelerated increases in the state pension age. Despite ongoing calls for compensation, the UK Government has maintained its position against financial redress.
**Why this matters**
The decision impacts thousands of women who face reduced pension income, raising concerns about fairness and financial security in retirement. The issue has become a significant political topic, highlighting debates over pension policy and government responsibility.