Gender Gap Archives - Page 15 of 16 - Pension Policy International

28OctOctober 28, 2019

UK. Retirement income gender gap is the biggest in a decade

At first glance, the latest numbers suggest we’re all finally winning the battle for a comfortable old age. Official figures out this week from the Department for Work and Pensions and the Pension Regulator show equal numbers of men and women are now saving into a workplace pension. Even the number of employees asking to join who don’t automatically qualify – often women in part-time roles who don’t earn enough – has increased dramatically. Commenting on the figures, Guy...

October 28, 2019

News, Slider2019, Gender Gap, UK

25OctOctober 25, 2019

Germany: Age Limits For Occupational Pensions Not Discriminatory Against Women

The Federal Constitutional Court clarified that maximum age limits for occupational pension benefits do not violate the general principle of equality. This confirms the jurisdiction of the Federal Labor Court, according to which maximum age limits for occupational pension schemes do not constitute age discrimination or even discrimination against women. Federal Constitutional Court, Non-acceptance order July 23, 2019 – Case 1 BvR 684/14 The complainant had initially retired from gainful employment due to the birth of her child and...

October 25, 2019

News, Slider2019, Gender Gap, Germany, Retirement Age

04OctOctober 4, 2019

UK. Defeat for women in state pension age challenge

Campaigners have lost a significant legal battle against the government's handling of the rise in women's state pension age. The retirement age for women rose from 60 to 65, in line with men, and will go up to 66 by 2020, and to 67 by 2028. Women born in the 1950s claim the rise is unfair because they were not given enough time to make adjustments to cope with years without a state pension. They argued the changes were...

October 4, 2019

News, Slider2019, Gender Gap, Regulation, UK

19SepSeptember 19, 2019

German women pensioners receive 26% less than men

A study published on Tuesday showed that female pensioners in Germany receive on average 26% less in pension payments than men. The gender pension gap means that retired women receive an average of €140 less per month than men. The study estimates that this means that when entering retirement, the average German woman would need around an extra €25,000 ($27,500) in savings in order to close the gap for their retirement. The research was carried out at the University...

September 19, 2019

News, Slider2019, Aging, Gender Gap, Germany, Labor Market

11SepSeptember 11, 2019

Ireland has gender pension gap of 35% – study

Irish men receive an average of €153 more than women in their pension payments, according to research by the Economic and Social Research Unit (ESRI). The study found the average total weekly pension income in 2010 was €280 for women and €433 for men, indicating a gender pension gap of approximately 35%. The total gender pension gap is due to differences in incomes from private and occupational pensions. Some 55% of retired men receive a private or occupational pension,...

September 11, 2019

News, Slider2019, Adequacy, Financial Inclusion, Gender Gap, Ireland

09AugAugust 9, 2019

Gender Gap in Savings Goal Choice: Evidence from Mixed Methods

Ariane Hillig, Jerome Monne, Janette Rutterford, Dimitris Sotiropoulos There has been a good deal of research on gender psychological differences in the context of financial decision making, but no research on the impact of gender difference in the setting of savings goals. To address this question we use two unique datasets, one quantitative and one qualitative. Our quantitative results show that men set more challenging savings goals than women, even when we control for wealth, income, and portfolio risk...

August 9, 2019

Articles, Labor Market, Pension design, Savings2019, Financial Inclusion, Gender Gap

05JulJuly 5, 2019

The Moment of Lift: How Empowering Women Changes the World

By Melinda Gates “In her book, Melinda tells the stories of the inspiring people she’s met through her work all over the world, digs into the data, and powerfully illustrates issues that need our attention—from child marriage to gender inequity in the workplace.” — President Barack Obama “The Moment of Lift is an urgent call to courage. It changed how I think about myself, my family, my work, and what’s possible in the world. Melinda weaves together vulnerable,...

July 5, 2019

Adequacy, Books, Labor Market2019, Gender Gap

21JunJune 21, 2019

Retirement Security: Women Face Challenges in Ensuring Financial Security in Retirement

By U.S. Government Accountability Office Women aged 65 and over will account for a growing segment of the U.S. population over the next several decades. Despite increases in women's workforce behavior in the past 65 years, elderly women have persistently high rates of poverty. Thus, it is important to understand the differences between men's and women's retirement income, and how women may fare given future reforms to Social Security and pensions. GAO was asked to examine (1) how...

June 21, 2019

Adequacy, Books, Pension design2019, Financial Inclusion, Gender Gap

29AprApril 29, 2019

Financial Inclusion in the Europe and Central Asia Region: Recent Trends and a Research Agenda

By Asli Demirguc-Kunt (World Bank), Bingjie Hu (World Bank), Leora Klapper (World Bank) Financial inclusion can help promote development. Inclusive financial systems allow people to invest in their education and health, save for retirement, capitalize on business opportunities, and confront shocks. In the Europe and Central Asia region, there is great variation in financial inclusion. In the euro area, most adults already own an account. Account ownership -- which is the first step of entry into the formal financial system...

April 29, 2019

Articles, System Sustainability2019, Financial Inclusion, Gender Gap, Political economy

22AprApril 22, 2019

The Effect of Pension Subsidies on the Retirement Timing of Older Women: Evidence from a Kink Design in Germany

By Han Ye (University of Mannheim; IZA) I estimate the effect of additional pension benefits on women’s retirement decisions by examining a German pension subsidy program for low-pay workers. The subsidies have a kinked relationship with the recipients’ past contributions, creating a sharply different slope of benefits for similar women on either side of the kink point. I find that a 100 euro increase in the monthly benefit induces female recipients to claim their pensions eight months earlier. A back-of-the-envelope...

April 22, 2019

Aging, Articles, Pension design2019, Gender Gap, Germany

October 2019

UK. Retirement income gender gap is the biggest in a decade

Germany: Age Limits For Occupational Pensions Not Discriminatory Against Women

UK. Defeat for women in state pension age challenge

September 2019

German women pensioners receive 26% less than men

Ireland has gender pension gap of 35% – study

August 2019

Gender Gap in Savings Goal Choice: Evidence from Mixed Methods

July 2019

The Moment of Lift: How Empowering Women Changes the World

June 2019

Retirement Security: Women Face Challenges in Ensuring Financial Security in Retirement

April 2019

Financial Inclusion in the Europe and Central Asia Region: Recent Trends and a Research Agenda

The Effect of Pension Subsidies on the Retirement Timing of Older Women: Evidence from a Kink Design in Germany