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WASPI warns that this winter state pensioners “will stay put” | Personal finances | Finance
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WASPI warns that this winter state pensioners “will stay put” | Personal finances | Finance

WASPI (Women Against State Pensions Inequality) activists have warned that thousands of pensioners will once again struggle to get by this winter, as the state pension The increase did not meet their demands.

Angela Madden, campaign chair of the group fighting for justice for women pensioners, warned: “Things are more expensive now because they went up all year, not just one or two months at the end.

“So, once the winter fuel payment is removed and the not-so-good increase in our state pensions, we will pretty much stand still.”

She pointed to a survey of WASPI women last winter that found one in three women considered the cost of living too high, and said this is likely to remain the same as they have had few real-terms increases in their payments.

WASPI (Women Against State pension Inequality) demand compensation payments for women born in the 1950s who were affected when the state pension age increased from 60 to 65 years.

The women were not properly notified of the changes and it is up to the Government and the DWP We must now decide whether there should be compensation payments.

Campaigners were outside Parliament last week to give voice to their cause when Rachel Reeves unveiled her budget, confirming a 4.1 per cent increase in the budget. state pension next April, but without news on WASPI compensation.

Madden said it was “not a very good budget” for seniors, especially given the loss of Winter fuel payment worth £200 or £300 for people who are not eligible for Pension Credit and some other benefits. Eligibility for the payment is changing, so instead of being a universal payment for people of state pension age, you must also receive certain means-tested benefits.

Madden said the new Labor government may have a biased view of the reality for pensioners when they make their financial decisions.

She said: “They use the excuse of rich pensioners. I actually don’t know any rich pensioners, I’m sure there are.”

“There are certainly some in Parliament. Their judgment may be influenced by the fact that their co-workers are rich pensioners, but in society there are many who struggle to get by.”

But he said the reality is that many older Britons are struggling to afford the basics on their current income. He warned: “Many women work just above the pension credit level.

“Single women who live in their own or rented accommodation only receive a small pension at home.

“The state pension, even at £220 a week, is half the minimum wage. If that’s all people have then they’re in trouble. Even people on the minimum wage struggle to pay all their bills.”

the new complete state pension It currently costs £221.20 per week, while the full basic plan state pension pays £169.50 a week. With the 4.1 per cent rise next April, these will rise to £230.30 and £176.45 respectively.

Chancellor Rachel Reeves reiterated the Government’s commitment to the pension triple locktelling the Commons during the Budget: “This commitment means that, while benefits for people of working age will increase in line with the CPI by 1.7%, core and new benefits state pension will increase by 4.1% in 2025-26.

“This means more than 12 million pensioners will earn up to £470 next year.”