September 2020

11Sep

Gender Gap in Pension Income: Cross-Country Analysis and Role of Gender Attitudes

By Anna Veremchuk, University of Tartu The aim of this paper is to study the gender pension gap in Europe based on the newest EU-SILC data from the 2018 wave. The contribution of the paper is twofold. First, it provides evidence on factors shaping the gender pension gap in a large number of EU countries. Second, it analyses the relationship between the pension gap and: (1) the coverage of occupational (second pillar) pensions and (2) gender attitudes. The main factor contributing to gender...

September 11, 2020
Adequacy, Articles, , , ,
Read more...
01Sep

Many Chinese women unprepared for retirement risk: survey

There is not enough awareness amongst Chinese woman concerning risks associated with retirement, a new study finds. The first retirement risks management white paper focusing on women, done by Manulife-Sinochem with the Fudan Development Institute, found less than half (47.4 percent) of those interviewed said they have pension insurance policies. In terms of the choice of protection, interviewees were generally worried about large medical expenditures, accessibility to care services, accidents and insufficient income. China’s population is aging – a...

September 1, 2020
News, Slider, ,
Read more...

August 2020

21Aug

UK. How COVID-19 will affect women’s pensions in the long term

It is clear that the pandemic is more than just a health crisis, but an economic one too. Since the lockdown was introduced in March, millions of people have been furloughed or made redundant. And not only is the financial fallout of coronavirus affecting women more severely than men, it will continue to impact their savings for years to come. Prior to the virus, women only saved a third of the amount that men do by the time they...

August 21, 2020
News, Slider, , ,
Read more...
05Aug

How to Improve Women’s Retirement Savings: Brookings

Women get the short end of the stick when it comes to retirement. It starts with differences in earnings and, thus, less money to save for retirement. But other factors come into play: They are more likely to leave the workforce to care for children or parents, and they live longer. But a Brookings Gender Series paper recommends several policy changes that could address these issues. “Public policies that aim to boost women’s status in retirement should focus on...

August 5, 2020
News, Slider, ,
Read more...

July 2020

31Jul

Women Working Longer: Increased Employment at Older Ages

By Claudia Goldin, Lawrence F. Katz Today, more American women than ever before stay in the workforce into their sixties and seventies. This trend emerged in the 1980s, and has persisted during the past three decades, despite substantial changes in macroeconomic conditions. Why is this so? Today’s older American women work full-time jobs at greater rates than women in other developed countries. In Women Working Longer, editors...

July 31, 2020
Books, Labor Market, Pension design, ,
Read more...
24Jul

Some of The World’s Biggest Pension Systems Are Failing Women

Even before Covid-19 shuttered economies across the world, many women faced retiring with less savings than men. Now, that gap is set to widen further in some of the world’s biggest pension systems. Read also Germany. Siemens to co-operate with Raisin on pensions Women already typically earn less than men and take more time out from the workforce to have children, resulting in diminished pension pots. And as coronavirus lockdowns smash industries such as air travel, tourism, retail and hospitality,...

July 24, 2020
News, Slider, , ,
Read more...
03Jul

UK. Women’s pensions take the biggest hit after a divorce, with them retiring on a quarter of men’s retirement pots

Divorced women are retiring on pensions a quarter the size of men's, but break-ups take a financial toll on both genders, new research shows. Women who split with their partners reach retirement with savings of around £26,100, while divorced men have £103,500 by the time they stop work. That vastly undershoots the £51,000 and £156,500 which women and men who are not divorced retire on respectively, according to the study published by NOW: Pensions. The figures highlight the huge...

July 3, 2020
News, Slider, ,
Read more...

May 2020
23May

The 2018 Pension Adequacy Report: current and future income adequacy in old age in the EU

By European Commission The 2018 edition of the triennial Pension Adequacy Report analyses how current and future pensions help prevent old-age poverty and maintain the income of men and women for the duration of their retirement. Volume I is devoted to comparative analysis of pension adequacy in the EU- 28. It examines the current living standards of older people and how they are shaped by pension systems, proceeds with an overview of recent pension reforms and concludes by analysing...

May 23, 2020
Adequacy, Aging, Books, Reports, , ,
Read more...
01May

Clearing the Bench: Using Mandatory Retirement to Promote Gender Parity in the U.S. and the EU Judiciaries

By Christine Chambers Goodman Many European Union (“EU”) countries have been particularly adept at implementing antidiscrimination laws that go beyond merely promoting gender diversity, but also toward obtaining gender parity in some areas. These laws, directives, and policies, along with other factors, have expanded the representation of women in the legal profession generally and specifically in the ranks of professional judge positions, such that women constitute a majority, however slight, of judges throughout the EU. On a parallel track,...

May 1, 2020
Articles, Labor Market, Pension design,
Read more...

April 2020
17Apr

Culture and Gender Allocation of Tasks: Source Country Characteristics and the Division of Non-Market Work among US Immigrants

By Francine D. Blau, Lawrence M. Kahn, Matthew Comey, Amanda Eng, Pamela Meyerhofer, Alexander Willen There is a well-known gender difference in time allocation within the household, which has important implications for gender differences in labor market outcomes. We ask how malleable this gender difference in time allocation is to culture. In particular, we ask if US immigrants allocate tasks differently depending upon the characteristics of the source countries from which they emigrated. Using data from the 2003-2017 waves...

April 17, 2020
Articles, Labor Market, , ,
Read more...