The WASPI Compensation Calculator allows you to evaluate money you might be owed because of the changes to the state pension age for women in the UK. I know that calculating this amount can be tricky to calculate their state pension age for many elderly people, so I created this easy-to-use calculator to make it simpler.
WASPI Compensation Calculator
What Is WASPI?
Wapis stands for Women Against State Pension Inequality. It is a campaign beginning in the UK in favor of women who are born in the 1950s & face real-life issues from the change of pension age by the UK Government. WASPI calculates your compensation amount weekly & provides an estimated amount based on the basic information you put in the tool.
How Does This Compensation Calculator Work?
The compensation Calculator works in a simple way. You just follow these 4 steps to get the accurate amount idea.
Step 1:
Enter Your Information: Put your personal information into the calculator such as your date of birth. This is necessary because the changes to the state pension age happened gradually over time.
Step 2:
Input Your Expected Weekly Pension: Enter the amount of weekly pension you were originally supposed to receive. The calculator processes the information to determine the financial impact of the delays. It compares your original pension schedule with the revised schedule to assess how long the delay was and how it affected your total compensation.
Step 3:
Get Your Compensation Estimate: The calculator will automatically determine the number of weeks you lost due to the changes and provide you with the exact compensation amount you might be owed.
Historical Background of State Pension Age Adjustments
The campaign was started in 2015 when 5 women faced challenges to receive their payment from the UK government. Now the power of this campaign has reached 200,000.
WASPI Age Range Eligibility & Waspi Dates Of Birth
To be eligible for WASPI compensation, to be a woman born between April 6, 1950, and April 5, 1960. This means you should be between 60 and 66 years old. Only women born in this period in the UK can receive the compensation. Under the old system, women in the UK could start receiving their state pension at age 60. However, a new bill passed, which raised the pension age to 65 (and now 66) to match the age for men.
| Women Born Between | Gradual Increase in State Pension Age |
|---|---|
| April 6, 1950 – May 5, 1950 | 60 years and 1 month |
| May 6, 1950 – June 5, 1950 | 60 years and 2 months |
| June 6, 1950 – July 5, 1950 | 60 years and 3 months |
| July 6, 1950 – August 5, 1950 | 60 years and 4 months |
| August 6, 1950 – September 5, 1950 | 60 years and 5 months |
| September 6, 1950 – October 5, 1950 | 60 years and 6 months |
| October 6, 1950 – November 5, 1950 | 60 years and 7 months |
| November 6, 1950 – December 5, 1950 | 60 years and 8 months |
| December 6, 1950 – January 5, 1951 | 60 years and 9 months |
| January 6, 1951 – February 5, 1951 | 60 years and 10 months |
| February 6, 1951 – March 5, 1951 | 60 years and 11 months |
| March 6, 1951 – April 5, 1951 | 61 years |
| April 6, 1951 – May 5, 1951 | 61 years and 1 month |
| May 6, 1951 – June 5, 1951 | 61 years and 2 months |
| June 6, 1951 – July 5, 1951 | 61 years and 3 months |
| July 6, 1951 – August 5, 1951 | 61 years and 4 months |
| August 6, 1951 – September 5, 1951 | 61 years and 5 months |
| September 6, 1951 – October 5, 1951 | 61 years and 6 months |
| October 6, 1951 – November 5, 1951 | 61 years and 7 months |
| November 6, 1951 – December 5, 1951 | 61 years and 8 months |
| December 6, 1951 – January 5, 1952 | 61 years and 9 months |
| January 6, 1952 – February 5, 1952 | 61 years and 10 months |
| February 6, 1952 – March 5, 1952 | 61 years and 11 months |
| March 6, 1952 – April 5, 1952 | 62 years |
| April 6, 1952 – May 5, 1952 | 62 years and 1 month |
| May 6, 1952 – June 5, 1952 | 62 years and 2 months |
| June 6, 1952 – July 5, 1952 | 62 years and 3 months |
| July 6, 1952 – August 5, 1952 | 62 years and 4 months |
| August 6, 1952 – September 5, 1952 | 62 years and 5 months |
| September 6, 1952 – October 5, 1952 | 62 years and 6 months |
| October 6, 1952 – November 5, 1952 | 62 years and 7 months |
| November 6, 1952 – December 5, 1952 | 62 years and 8 months |
| December 6, 1952 – January 5, 1953 | 62 years and 9 months |
| January 6, 1953 – February 5, 1953 | 62 years and 10 months |
| February 6, 1953 – March 5, 1953 | 62 years and 11 months |
| March 6, 1953 – April 5, 1953 | 63 years |
| April 6, 1953 – May 5, 1953 | 63 years and 2 months |
| May 6, 1953 – June 5, 1953 | 63 years and 4 months |
| June 6, 1953 – July 5, 1953 | 63 years and 6 months |
| July 6, 1953 – August 5, 1953 | 63 years and 8 months |
| August 6, 1953 – September 5, 1953 | 63 years and 10 months |
| September 6, 1953 – October 5, 1953 | 64 years |
| October 6, 1953 – November 5, 1953 | 64 years and 2 months |
| November 6, 1953 – December 5, 1953 | 64 years and 4 months |
| December 6, 1953 – January 5, 1954 | 64 years and 6 months |
| January 6, 1954 – February 5, 1954 | 64 years and 8 months |
| February 6, 1954 – March 5, 1954 | 64 years and 10 months |
| March 6, 1954 – April 5, 1954 | 65 years |
| April 6, 1954 – May 5, 1954 | 65 years and 2 months |
| May 6, 1954 – June 5, 1954 | 65 years and 4 months |
| June 6, 1954 – July 5, 1954 | 65 years and 6 months |
| July 6, 1954 – August 5, 1954 | 65 years and 8 months |
| August 6, 1954 – September 5, 1954 | 65 years and 10 months |
| September 6, 1954 – October 5, 1954 | 66 years |
Government Policy Change Pension Inequality
The government changed their plans of pension so rapidly that many women didn’t have sufficient time to adjust their retirement plans. Many women are now facing a hard situation, having to wait longer for their pensions, which is the reason for financial stress.
Demand for Wapsi Pension Group
The WASPI group isn’t asking for the pension age increase decision to be reversed. Instead, they’re seeking fair compensation for the women who are feeling the pinch from these sudden changes. In other words, they want to ensure that these women aren’t left out in the cold financially.
Explanation of Pension Policy
Imagine you plan for retirement at 60 & make your budget and savings accordingly or it might be possible to plan to explore the world after retirement. Quickly, you’re aware that you won’t receive your pension until your age is 66.
If you listen to this rule before a few years of retirement & your life plans suddenly get disturbed. So, this is a stressful scenario, as you would face a six-year financial gap without support. The WASPI (Women Against State Pension Inequality) campaigners are simply seeking equitable justice from the government.
How Will The Compensation Be Determined?
We understand the calculation of compensation amount for this purpose we consider someone’s age:
If someone is born on 1 January 1950 he/she will retire from their job at the age of 60 & the year of his/her retirement is 2011. This retirement year is based on the previous policy of the government. According to the new policy rule, if someone is born on 1 January 1951, he/she will be retired on 2012 March, after 1 year & 2 months more.
Calculation of Compensation Amount
Let’s imagine the UK State provides you with per week 189 but due to a new policy rule. You can’t get this reward of pension amount until 61 years means 1 year & 2 months.
Your total lost weeks are 52+8=60 & the money of compensation loss is (189) (60)= 11340.
So if the government allows you a weekly compensation amount of 189 then you will get 11340.
Benefits To Choose Our WASPI Compensation Calculator
Frequently Asked Questions
If you have more questions or have some questions you can have a bird’s eye view on this Waspi Frequently Asked Questions page.
Final Words
WASPI Compensation Calculator is specially designed for older people to provide the facility in calculation & then plan your life days or weeks budget spend some money on basic needs & some save them. and here is today waspi compensation latest committee news update must check it out
About Me
Hey, I am Diane Ward, and I live in Birmingham, UK. I have worked as a nurse for over 40 years.
I am also a proud member of WASPI (Women Against State Pension Inequality), which supports over 3.8 million women across the UK affected by changes to the state pension age.
I started this blog to raise awareness about the WASPI campaign and help other women who are impacted by the pension changes. I have also created a WASPI compensation calculator to help you easily estimate the compensation you may be entitled to.
