Women born in the 1950s who have lost out financially on their state pension as a result of Government changes were joined by Labour MPs, including Andrew Gwynne, for a lobby of Parliament today.
The aim of the protest, which will see thousands of women from across the UK come to London, is to pressure the Chancellor to amend pension changes introduced in 1995 by the then Conservative government.
The changes introduced in 1995 have affected approximately 2.6m women now in their late 50s and early to mid-60s, who receive little to no official notice that they were going to have to work for longer before getting their pension.
Many of the women say that had they been told about the changes at the time, they could have made alternative pension arrangements. Unfortunately women were not informed by the government until some years later when the then Labour government, led by Gordon Brown, highlighted the problem.
Labour have referred to the fact that 86% of the net gains to the treasury through tax and benefit measures had come from women, as of the 2016 Autumn Statement.
Andrew Gwynne said:
“This year the 2017 Spring Budget falls on International Women’s Day and Labour are calling on the government to guarantee a budget that works for women.
“The government must face facts, hard working women have lost out financially to the tunes of thousands of pounds because of changes they weren’t told about.
“For fairness going forward the government should stop looking the other way and come up with a plan that compensates the millions of women hit by the move; today the Chancellor has that opportunity.
“This is not about anything other than fairness, and we ask that the Government put better transitional arrangements in place for the over 2 million women this affects.”