Britain's Labour promises millions of women pension compensation

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Britain's Labour promises millions of women pension compensation
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Britain's main opposition Labour Party has promised to hand more than three...

Britain's opposition Labour Party Shadow Chancellor John McDonnell gestures during a general election campaign event in London, Britain November 19, 2019. REUTERS/Toby Melville

Labour’s finance policy chief, John McDonnell, said pay-outs of up to 31,000 pounds, with an average payment of 15,000 pounds, would be made to those women who had been expecting to retire at 60 but then were told they would have to wait longer. “The next Labour government will compensate women who were unfairly hit by the rise in the state pension age and give them the respect they deserve,” Labour leader Jeremy Corbyn said in a statement.

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